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Tax Structure in India (MBA Finance)
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| MBA Project ID: |
587 |
| MBA Project Name: |
Tax Structure in India (MBA Finance) |
| MBA Category: |
MBA Finance |
Project Abstract:
|
In economic terms, taxation transfers wealth from households or businesses to the government. This has effects that can both increase and reduce economic growth and economic welfare. Consequently, taxation is a highly debated topic. The authority of the government to levy taxes in India is derived from the Constitution of India, which allocates the power to levy taxes to the Central and State governments. All taxes levied within India need to be backed by an accompanying law passed by the Parliament or the State Legislature.In a broader term, there are two types of taxes namely, direct taxes and indirect taxes. The implementation of both taxes differs. You pay some of them directly, like the cringed income tax, corporate tax, wealth tax, etc., while you pay some of the taxes indirectly, like sales tax, service tax, value added tax, etc. , the study is purely based on secondary data. Various data are obtained from the different websites of government of India |
| Project Report: |
66 Pages |
| |
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