Understanding Power and Influence: The magnet for success
Before you embark on the professional expedition, understanding the use and abuse of power and influence is a requisite. Possessing...
Taxes in India
Taxes are the most significant source of income for the government and deployed for the development of the nation. The government can’t levy any tax unless passed as a law.
What is a tax?
A tax is a compulsory contribution by the citizens to the state exchequer. The state government levies taxes on people’s income, business profits, cost of goods & services, and transactions. The governments use this revenue for meeting the expenditure of defence forces, maintenance of law & order, payment of salaries to government employees, provision of services such as education, healthcare, roads, and transports.
Taxes in India are prominently levied by the central and the state governments. However, some local authorities, such as the municipal corporation also collect taxes. Upgrade to Premium Plan to unlock this content!This content is locked
Citations :
Skillioma (October 19, 2021) Taxes in India. Retrieved from https://www.skillioma.com/taxes-in-india/.
"Taxes in India." Skillioma - October 19, 2021, https://www.skillioma.com/taxes-in-india/
"Taxes in India." Skillioma - Accessed October 19, 2021. https://www.skillioma.com/taxes-in-india/
Skillioma May 7, 2020 Taxes in India., viewed October 19, 2021,<https://www.skillioma.com/taxes-in-india/>
Skillioma - Taxes in India. [Internet]. [Accessed October 19, 2021]. Available from: https://www.skillioma.com/taxes-in-india/
"Taxes in India." Skillioma [Online]. Available: https://www.skillioma.com/taxes-in-india/. [Accessed: October 19, 2021]
Power Words :
- Levy
- Imported
- Subsume
- Negotiate
- Deployed
- Prominently
- Imposed
- Consumption
This content is locked
Upgrade to Premium Plan to unlock this content!
Hashtags :
- #GPSforLifeAndCareer
- #ConsciousIntelligence
- #Kidswiki
- #MindInTheMaking
- #RelevanceInEducation
- #MeaningfulLearning
- #RealWorldSkills
- #SafeContent
- #360DegreeDevelopment
- #Skillioma
- #BeyondCurriculum
- #SkillsBeyondSchool
Related Posts
Top Rules for Successful Trading
It is quite an astonishing fact to realize and process that we have been an integral component of the consumer...
Types Of Organizations: Which One Do You Belong To?
Businesses today have become increasingly complex and dynamic. A business’s strength lies in the robustness of its foundational organizational design....
Adaptive leadership
The adaptive leadership model was introduced by Dr Ron Heifetz and Marty Linsky after more than 30 years of research...
Understanding Quarters and Quarterly reports
Generally, a quarter refers to one-fourth of a whole. A year, which has 12 months, is divided into four quarters....
What do you mean by risk?
Risk is a term that we often use in our daily life. There is also a very popular Hindi phrase...
