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Project Description : Tax is the major source of revenue for the government, the development of any country’s economy largely depends on the tax structure it has adopted. A Taxation Structure which facilitates easy of doing business and having no chance for tax evasion brings prosperity to a country’s economy. On the other hand, taxation structure which has provisions for tax evasion and the one which does not facilitate ease of doing business slows down the growth of country’s economy. Therefore, as taxation structure plays an important role in country’s development. India has a well-developed tax structure. In the following paper, the study is purely based on secondary data. Various data are obtained from the different websites of government of India.
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