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- Income_tax_in_India abstract "The Central Government has been empowered by Entry 82 of the Union List of Schedule VII of the Constitution of India to levy tax on all income other than agricultural income (subject to Section 10(1)). The Income Tax Law comprises The Income Tax Act 1961, Income Tax Rules 1962, Notifications and Circulars issued by Central Board of Direct Taxes (CBDT), Annual Finance Acts and Judicial pronouncements by Supreme Court and High Courts.The government of India imposes an income tax on taxable income of all persons including individuals, Hindu Undivided Families (HUFs), companies, firms, association of persons, body of individuals, local authority and any other artificial judicial person. Levy of tax is separate on each of the persons. The levy is governed by the Indian Income Tax Act, 1961. The Indian Income Tax Department is governed by CBDT and is part of the Department of Revenue under the Ministry of Finance, Govt. of India. Income tax is a key source of funds that the government uses to fund its activities and serve the public.The Income Tax Department is the biggest revenue mobilizer for the Government. The total tax revenues of the Central Government increased from ₹ 1392.26 billion in 1997-98 to ₹ 5889.09 billion in 2007-08.".
- Income_tax_in_India thumbnail IncomeTax.jpg?width=300.
- Income_tax_in_India wikiPageExternalLink 2013.aspx.
- Income_tax_in_India wikiPageExternalLink indiabudget.nic.in.
- Income_tax_in_India wikiPageExternalLink how-to-save-income-tax-an-article-for-the-beginners.
- Income_tax_in_India wikiPageExternalLink 4376-capital-gains-exemption-us-54ec-of-income-tax-act-1961.
- Income_tax_in_India wikiPageExternalLink www.incometaxindia.gov.in.
- Income_tax_in_India wikiPageExternalLink tax-on-gift-received-cash-or-non-cash.
- Income_tax_in_India wikiPageExternalLink index.jsp.
- Income_tax_in_India wikiPageID "5904976".
- Income_tax_in_India wikiPageRevisionID "605814142".
- Income_tax_in_India caption "Central Revenue collections in 2007-08".
- Income_tax_in_India color "#08f".
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- Income_tax_in_India label "Corporate tax".
- Income_tax_in_India label "Customs duty".
- Income_tax_in_India label "Excise duty".
- Income_tax_in_India label "Other Taxes".
- Income_tax_in_India label "Other taxes".
- Income_tax_in_India label "Personal income tax".
- Income_tax_in_India value "17.43".
- Income_tax_in_India value "17.46".
- Income_tax_in_India value "2.83".
- Income_tax_in_India value "20.84".
- Income_tax_in_India value "32.76".
- Income_tax_in_India value "8.68".
- Income_tax_in_India subject Category:Income_tax_in_India.
- Income_tax_in_India subject Category:Income_taxes.
- Income_tax_in_India type Abstraction100002137.
- Income_tax_in_India type Charge113400798.
- Income_tax_in_India type IncomeTax113310230.
- Income_tax_in_India type IncomeTaxes.
- Income_tax_in_India type Levy113308864.
- Income_tax_in_India type Liabilities113396054.
- Income_tax_in_India type Possession100032613.
- Income_tax_in_India type Relation100031921.
- Income_tax_in_India type Tax113308999.
- Income_tax_in_India comment "The Central Government has been empowered by Entry 82 of the Union List of Schedule VII of the Constitution of India to levy tax on all income other than agricultural income (subject to Section 10(1)).".
- Income_tax_in_India label "Income tax in India".
- Income_tax_in_India sameAs m.0118mskc.
- Income_tax_in_India sameAs Q2723740.
- Income_tax_in_India sameAs Q2723740.
- Income_tax_in_India sameAs Income_tax_in_India.
- Income_tax_in_India wasDerivedFrom Income_tax_in_India?oldid=605814142.
- Income_tax_in_India depiction IncomeTax.jpg.
- Income_tax_in_India isPrimaryTopicOf Income_tax_in_India.