DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT
TAX ,DITECT TAX , AND CORPORATE TAX ?
- 1 Answers
- 3414 Views
- I also Faced
- E-Mail Answers
Answer / Amit Kumar Verma
Income Tax: A direct tax imposed on individuals and businesses for their earned income. The specific rates, exemptions, and filing requirements vary depending on the country's tax laws.nWealth Tax: A direct tax levied on an individual's or entity's net worth (assets minus liabilities) above a certain threshold.nIndirect Tax: A tax that is added to the cost of a product or service, which is ultimately paid by the consumer instead of the producer or provider. Examples include Sales Tax, Value Added Tax (VAT), and Goods and Services Tax (GST).nDirect Tax: Refers to taxes directly imposed on individuals or entities, such as income tax, corporate tax, and wealth tax.nCorporate Tax: A direct tax levied on the profits or income earned by corporations and other businesses.
| Is This Answer Correct ? | 0 Yes | 0 No |
F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?
how to modify 12% to 13.5% in tallyerp9 release 1.6
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?
My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?
What is the time limit for Payment of VAT Payable and Filling Return?
What is WCT TDS? who is liable to deduct the WCT TDS?
36 Answers Akshay Constructions, Apex, CP Solutions, UPPCL, WCT,
What is the road permit I want to sale in outside of state what is the required Document and why.
7 Answers Concept Concrete Enterprises, Hitachi, Syselec Technologies,
Can anybody tell me what is Due date to file Form-501 under MVAT to claim refund?
what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?
Net Worth is: 1)total Assets less outside laibilities 2)Total liabilities plus owners equity fund 3)Current Assets less current liabilities 4)Total accumalted profit less liabilities
What is the difference between TDS and TCS?
24 Answers Godrej, SSK, TCS,
Audit 
