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Income Tax
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What is the largest source of revenue for the Indian government?
Indian government earns maximum revenue from corporation tax..
Who is responsible for Income tax in India?
All persons residing in India are responsible for paying Income tax on monies earned. Dollars earned from agriculture are tax exempt. This is imposed by the Government of India.
Function of state government in India?
The state government of India is the government below the central government. The state government of India deals with the affairs of the state, these affairs include, but are not limited to state police, state tax, and the taxation of property stamps in the given state.
State Bank of India Service Tax Registration No?
what is service tax no. of state bank of india hingna branch
Is death duty a direct tax in India?
Yes
Who gives maximum corporate tax to government of India?
Mubai
Which direct tax gives maximum net revenue to the government?
income tax
What is the largest source of revenue for the Indian government?
Indian government earns maximum revenue from corporation tax..
The Indian government gets maximum revenue from?
Corporate tax
Which of the tax gives the maximum revenue in Union Budget?
excise duty
Who is responsible for Income tax in India?
All persons residing in India are responsible for paying Income tax on monies earned. Dollars earned from agriculture are tax exempt. This is imposed by the Government of India.
What is the process by which individuals have their federal income tax collected?
1. the employer withholds estimated taxes 2. the taxpayer files a tax return the government receives a tax payment or gives a tax refund 3. the government receives a tax payment or gives a tax refund
Which tax is not shared by the central government with the state government in India?
The Goods and Services Tax (GST) is a tax that is not shared by the central government with the state government in India. The GST is divided into central and state components, with the central government collecting and distributing the central component, and the state government collecting and utilizing the state component.
Q. From which type of tax the Govt of India earns maximum amount of revenue?
custom duty
Function of state government in India?
The state government of India is the government below the central government. The state government of India deals with the affairs of the state, these affairs include, but are not limited to state police, state tax, and the taxation of property stamps in the given state.
Which amendment gives government power to collect income tax?
amendment 16
What is corporate tax describe its benefits and objectives?
Corporate tax is important, as it gives the government revenues with an objective of helping its citizens.
