Page-4 of Topic: Taxation in India
Distribution of Tax Revenues: Constitutional Provisions
Article 268 to 281 in the constitution of India deal with the distribution of tax revenues. These articles have been amended from time to time, for example 88th...
Draft Place of Effective Management (PoEM) Rules
Residential status of the companies is an important factor in deciding their tax liabilities. The income tax act provides that a company is resident in India if it...
Swachh Bharat Cess
The Swachh Bharat Cess (SBC) was a tax levied by the Government of India to fund and support the Swachh Bharat Abhiyan (Clean India Mission). Introduced in 2015,...Tax Information Network
On behalf of the Income Tax Department, the National Securities Depository Limited (NSDL) established Tax Information Network (TIN). This is a source of the countrywide tax related data. ...Gender Budgeting in India
A gender budget is not a separate budget for women. Instead, the gender budgets are an attempt to assess government priorities as they are reflected through the budget...Merits and Demerits of Progressive Taxation
A progressive tax is imposed to raise the tax rate effectively more than the rate at which it was applied. It is characterised by a more than proportional...Timeline of Taxation in India
1922: The Income Tax Department was established in the year 1922. The Income Tax Act, 1922 gave a particular classification to different income tax authorities. 1924: The Central...Indirect Taxes in India
Indirect taxes include service tax, sales tax, custom, excise duties, VAT, MODVAT, CENVAT, proposed Goods & Services Act etc. Initially the indirect tax regime was too complicated and...Appropriation Act and Finance Act
An Appropriation Act in India is an act of Parliament which allows the withdrawal of funds from Consolidated Fund of India or Consolidated Funds of States (in case...Taxation Powers of Union and States in India
Indian constitution has divided the taxing powers as well as the spending powers (and responsibilities) between the Union and the state governments. The subjects on which Union or...Goods & Services Tax (GST) and its role in Economic Growth
Goods and Services Tax which might come in effect from April 2016, is a Value Added Tax will replace all indirect taxes levied on goods and services in...
