|
Taxes in India are levied by the Central Government and the State Governments. Some minor taxes are also levied by the local authorities such the Municipality or the Local Council. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Centre and the State. An important restriction on this power is Article 265 of the Constitution which states that "No tax shall be levied or collected except by the authority of law." Therefore each tax levied or collected has to be backed by an accompanying law, passed either by the Parliament or the State Legislature. Central Board of Direct TaxesThe Central Board of Direct Taxes (CBDT) is a part of the Department of Revenue in the Ministry of Finance, Government of India. The CBDT provides essential inputs for policy and planning of direct taxes in India and is also responsible for administration of the direct tax laws through Income Tax Department. The CBDT is a statutory authority functioning under the Central Board of Revenue Act, 1963. From Wikipedia under the
GNU Free Documentation License  tribuneindia.com 169px x 230px | 28.30kB [source page] Four day police remand for Kansal Chandigarh March 13 The UT Assistant Excise and Taxation Commissioner S P Kansal who was arrested by the CBI on the charges of misusing his official position and possessing assets  images.cxotoday.com 150px x 260px | 13.30kB [source page] Indian Finance Minister P Chidambaram spoke of initiatives taken to modernize tax administration through Business Process Reengineering BPR and setting up of nationwide networking From Yahoo Image Search: "Taxation in India"
See also:
 news.google.com Livemint Union of India has held that double taxation is impermissible in indirect tax law and the problem is to be resolved by means of determining the intent of ... GST rollout in troubled waters Business Standard Govt. likely to garner $15 bn each year from GST Hindu Kelkar calls for uniform GST rate domain-B Press Information Bureau (press release) - Livemint - Business Standard all 43 news articles » news.google.com Livemint Fourth, the India -Mauritius double tax avoidance treaty is one area where there is confusion between the policy arm of the government and the implementation ... and more » news.google.com The News Journal The tax will do little to solve the "problem," in part because the rapidly emerging nations of China and India will soon overwhelm the rest of the world ... and more » From Google News Search: "Taxation in India" taxation for buying and selling of shares in india? Q. how will be the taxation for buying and selling of shares in india Asked by lokesh_2203 - Sat Feb 2 06:50:34 2008 - - 1 Answers - 0 Comments A. The Securities Transaction Tax applies to all trades on Indian stock exchanges. The attached link also described capital gains taxes. Answered by StopSpending - Tue Feb 5 01:04:40 2008 taxation on wine in India? Q. National & State Level bottled abroad & bottled in india Retail and use in Hotel Asked by schell - Tue Jun 20 03:24:24 2006 - - 6 Answers - 0 Comments A. i don't understand the question Answered by BigDaddy - Wed Jun 28 09:35:56 2006 what is the location and address of international taxation (NRI) cell of income tax in delhi (india)?
Q. what is the location and address of international taxation (NRI) cell of income tax in delhi (india)? Asked by Ankur M - Fri Sep 15 01:13:59 2006 - - 2 Answers - 0 Comments A. The adress is: Drum Shape Building I.P. Estate, New Delhi -110002 (It is behind the ITO building) Answered by sonali_n - Fri Sep 15 02:47:15 2006 From Yahoo Answer Search: "Taxation in India" |
The Guardian - The Tax Gap
Progressive and Regressive Taxes Explained
TaxPolicy.com