what is tax?
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The govt plays an important role by making heavy
investments and expenditure on core areas like heavy
industries,infrastructure ,defence,internal
security,education ,poverty alleviation,employment
generation, public health etc For this purpose the govt
collects funds by levying taxes on product,income or
activity.This type of fund collection from public directly
or indirectly is called Taxation
Is This Answer Correct ? | 7 Yes | 1 No |
Answer / ajoy kumar rai
TAX IS A COMPULSORY CONTRIBUTION MADE TO GOVT FOR ENJOYING
GOODS AND SERVICES RENDERED BY GOVT.
EXAMPLES:- INCOME TAX, WEALTH TAX, SALES TAX, VALUE ADDED
TAX(VAT),CUSTOM DUTY, EXCISE DUTY, OCTROI DUTY,
PROFESSIONAL TAX, ENTERTAINMENT TAX, TOLL ETC.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / k.poorna nanda kumar
Compulsory monetary contribution to the state's revenue, assessed and imposed by a government on the activities, enjoyment, expenditure, income, occupation, privilege, property, etc., of individuals and organizations.
Is This Answer Correct ? | 0 Yes | 0 No |
it means calculated by the who is earned money above
limitation and putting this tax his or him annul income
Is This Answer Correct ? | 1 Yes | 6 No |
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Sir among the answers given by different persons, different answers are posted for the same question? regarding calculation of ESI & PF calculation whether on Basic or Gross salary? could u suggest the exact answer from the expert Pls.
what is the rate of wct in india ie delhi ncr and who can veryfiy the same and what is the commond and check list applicable for an taxman/ officer
on how much turnover did the excise duty will be implemented?
is WCT TDS should deducted on gross value (basic+service tax)?
1> how can calculate tax for provide service? 2> how can calculate vat for selling product?
what is the process of filing the return (both)
what is finalisation of accounts ? what are finalisation of accounts entries ?
My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.
which value we will take in c- form to issuing c- form any party basic value or basci+ tax plz ans..............
Can i take service tax on freight outward.
about E-1 Form ?