What is Tax? Taxes are the compulsory contribution by the citizens of a country for meeting different government expenditures. There are three stages in the
A Direct tax is a kind of charge, which is imposed directly on the taxpayer and paid directly to the government by the persons (juristic or natural) on whom it is imposed
What is Tax Planning? Tax planning is the analysis of one’s financial situation from a tax efficiency point of view so as to plan one’s
Customs duty is a type of indirect tax levied on goods imported into India or exported out of the Country.
An indirect tax is levied on and collected from a person who manages to pass it on to some other person or persons on whom the real burden of tax falls. For e.g. commodity taxes or sales tax, excise duty, custom duties, etc. are indirect taxes.
What is Income Tax? According to the Constitution of India, income tax is a central subject. Income Tax on all types of income, other than