{"id":2481,"date":"2012-02-19T02:09:47","date_gmt":"2012-02-19T02:09:47","guid":{"rendered":"https:\/\/blogs.transparent.com\/hindi\/?p=2481"},"modified":"2012-02-22T13:56:48","modified_gmt":"2012-02-22T13:56:48","slug":"tax-system-in-india","status":"publish","type":"post","link":"https:\/\/blogs.transparent.com\/hindi\/tax-system-in-india\/","title":{"rendered":"Tax System in India"},"content":{"rendered":"

In many countries, this is the time for accounting and filing your tax return and you might be interested on how the taxation system works in India.<\/p>\n

Let me show you some of the details of various taxes and taxation system as whole.<\/p>\n

The taxation system in India is very well structured. It started in the year of 1860. The taxation system has always reformed over time. Every individual or firm has to file his or its tax return by the end of 31st March.The Department of Revenues (\u0915\u0930 \u0935\u093f\u092d\u093e\u0917) under the Ministry of Finance (\u0935\u093f\u0924\u094d\u092f \u092e\u0902\u0924\u094d\u0930\u093e\u0932\u092f – Vitya Mantraley) is responsible for making policies and slabs for various taxes. There are various taxes that are levied by the central government and other by state governments. The taxes could be direct taxes or indirect taxes.<\/p>\n

The taxes are levied by the central government (\u0915\u0947\u0902\u0926\u094d\u0930 \u0938\u0930\u0915\u093e\u0930 – Kendra Sarkar)<\/strong> of India are:<\/p>\n

Direct Taxes<\/strong><\/p>\n

Banking Cash Transaction Tax (\u092c\u0948\u0902\u0915 \u0928\u0915\u0926 \u0932\u0947\u0928-\u0926\u0947\u0928 \u0915\u0930)
\nCapital Gains Tax (\u092a\u0942\u0902\u091c\u0940 \u0932\u093e\u092d \u0915\u0930)
\nCorporate Income Tax (\u0928\u093f\u0917\u092e \u0906\u092f\u0915\u0930)
\nFringe Benefit Tax (\u092b\u094d\u0930\u093f\u0902\u091c \u092c\u0947\u0928\u093f\u092b\u093f\u091f \u0915\u0930)
\nPersonal Income Tax (\u0935\u094d\u092f\u0915\u094d\u0924\u093f\u0917\u0924 \u0906\u092f\u0915\u0930)
\nSecurities Transaction Tax (\u092a\u094d\u0930\u0924\u093f\u092d\u0942\u0924\u093f \u0932\u0947\u0928\u0926\u0947\u0928 \u0915\u0930)<\/p>\n

Indirect Taxes<\/strong><\/p>\n

Customs Duty (\u0938\u0940\u092e\u093e – \u0936\u0941\u0932\u094d\u0915)
\nExcise Duty (\u0909\u0924\u094d\u092a\u093e\u0926 \u0936\u0941\u0932\u094d\u0915)
\nService Tax (\u0938\u0947\u0935\u093e \u0915\u0930)<\/p>\n

The taxes levied by the state governments (\u0930\u093e\u091c\u094d\u092f \u0938\u0930\u0915\u093e\u0930 – Rajya Sarkar)<\/strong> are:<\/p>\n

Dividend Tax (\u0932\u093e\u092d\u093e\u0902\u0936 \u0915\u0930)
\nEndowment Tax (\u0926\u093e\u0928 \u0915\u0930)
\nEstate Tax (\u0938\u0902\u092a\u0926\u093e \u0915\u0930)
\nGift Tax (\u0909\u092a\u0939\u093e\u0930 \u0915\u0930)
\nFlat Rate Tax or Flat Tax (\u0938\u092a\u093e\u091f \u0926\u0930 \u0915\u0930 \u092f\u093e \u0938\u092a\u093e\u091f \u0915\u0930)
\nFuel Tax (\u0908\u0902\u0927\u0928 \u0915\u0930)
\nInheritance Tax (\u0909\u0924\u094d\u0924\u0930\u093e\u0927\u093f\u0915\u093e\u0930 \u0915\u0930)
\nTransfer Tax (\u0938\u094d\u0925\u093e\u0928\u093e\u0902\u0924\u0930\u0923 \u0915\u0930)
\nPayroll Tax (\u0935\u0947\u0924\u0928 \u0915\u0930)
\nPoll Tax or Capitation tax (\u0935\u094d\u092f\u0915\u094d\u0924\u093f \u0915\u0930)
\nS. E. T. or Self Employment Tax (\u090f\u0938 \u0908. \u091f\u0940. \u092f\u093e \u0938\u094d\u0935-\u0930\u094b\u091c\u0917\u093e\u0930 \u0915\u0930)
\nSocial Security Tax (\u0938\u093e\u092e\u093e\u091c\u093f\u0915 \u0938\u0941\u0930\u0915\u094d\u0937\u093e \u0915\u0930)
\nUsage Tax (\u0909\u092a\u092f\u094b\u0917 \u0915\u0930)
\nValue Added Tax or Sales Tax (\u0935\u0948\u091f \u092f\u093e \u092c\u093f\u0915\u094d\u0930\u0940 \u0915\u0930)
\nWealth Tax (\u0927\u0928 \u0915\u0930)<\/p>\n

There are some details which must be observed which includes that the filing of tax return even if the individual doesn’t fall in any tax paying packet.<\/p>\n","protected":false},"excerpt":{"rendered":"

In many countries, this is the time for accounting and filing your tax return and you might be interested on how the taxation system works in India. Let me show you some of the details of various taxes and taxation system as whole. The taxation system in India is very well structured. It started in…<\/p>\n

Continue Reading<\/a><\/p>","protected":false},"author":60,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[3792],"tags":[192387,192388,192389],"class_list":["post-2481","post","type-post","status-publish","hentry","category-hindi-language","tag-tax-system-in-india","tag-taxation-in-india","tag-taxes-in-india"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/posts\/2481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/comments?post=2481"}],"version-history":[{"count":6,"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/posts\/2481\/revisions"}],"predecessor-version":[{"id":2520,"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/posts\/2481\/revisions\/2520"}],"wp:attachment":[{"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/media?parent=2481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/categories?post=2481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.transparent.com\/hindi\/wp-json\/wp\/v2\/tags?post=2481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}