Things You should know: Tax in India

Tax in India:

Tax in India is very important topic in view of different exams. This article also contains details about tax reforms or tax development in India.

Taxes in India are levied by the Central Government and the state governments. Some minor taxes are also levied by the local authorities such as the Municipality. Taxation in economic terms is used by the government for economic redistribution as well as to fulfill its obligation on expenditure front.

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