Accounting and Taxation in India

India has a well-developed tax structure with clearly demarcated authority between central and state governments and local bodies.  The central government levies taxes on income, customs duties, central excise and service tax, while the state governments levy value-added tax, sales tax in states where VAT is not yet in force, stamp duty, state excise tax, land revenue tax, and tax on professions.  Local bodies are empowered to levy India tax on properties, octroi (local tax collected on various articles bought into a district for consumption), and for utilities.

This article on the taxation system in India includes information on;

 

For more information about India tax and accounting in India, please contact our chartered accountants in India.


Related Readings

Reports


Search in Library:

Online Resource Library Login


Upcoming Events



Events RSS Feed

View all Events

Our Business Library

The Dezan Shira & Associates online resources library is the essential guide for doing business in Asia. The library provides in-depth resources ranging from the analysis of the regulatory environment

Access the Library



Asia Briefing Media China Briefing India Briefing Vietnam Briefing Russia Briefing Mongolia Briefing www.2point6billion.com