Taxation Laws of India - An Overview
Mondaq Business Briefing › India Law Articles in English (2003)
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Taxation Laws of India - An Overview
Taxes in India can broadly be classified into direct and indirect.
Direct TaxesThese include Income tax, Wealth tax and Interest Tax. The most significant of direct taxes is income tax. Income Tax The levy of income tax is governed by the Income-Tax Act, 1961. This is an enormously complex legislation running into over 300 Sections with severa...See the full content of this document
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