Essays on Income Tax

Essay On Wealth
Words • 1819
Pages • 8
The essay sample on Essay On Wealth dwells on its problems, providing shortened but comprehensive overview of basic facts and arguments related to it. To read the essay, scroll down.Accepting the recommendations of N. Kaldor to introduce “integrated direct tax system” in India, Wealth Tax Act, 1957 was enacted. The Act was amended from time to time. The major objective of wealth tax has been attainment of equity objective of tax policy because wealth is considered as the major source…...
EconomyFinanceIncome TaxTaxTaxationTaxation In India
Taxes Essay Example
Words • 1697
Pages • 7
Taxes Essay IntroductionTaxes CourseTaxes Essay Body ParagraphsTaxes Part A: Why the UK government taxes its citizens U.K taxation involves payment to the central and local government. In 1963, the U.K spent 12 billion a year. Currently, it spends over 600 billion. Due to the great recession suffered by the U.K in the past decades, the U.K is forced to levy taxes on its citizens, as there is a big gap between the cash inflow and outflow in the government. By…...
EconomyFinanceIncome TaxPolicyTax
Income Tax Authorities
Words • 3689
Pages • 15
INCOME TAX AUTHORITIES A. Income Tax Authorities under the Income Tax Act [Section 116] 1. Central Board of Direct Taxes (CBDT) 2. Director-General of Income Tax (DGIT) or Chief Commissioner of Income Tax (CCIT) 3. Directors of Income Tax (DIT) or Commissioners of Income Tax (CIT) or CIT (Appeals) 4. Additional Directors of Income-Tax (ADIT) or Additional Commissioners of Income-tax (ACIT) or ACIT (Appeals) 5. Joint Directors of Income Tax (JDIT) or Joint Commissioners of Income Tax (JCIT) 6. Deputy…...
EconomyFinanceIncome TaxLawTax
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