June 9, 2010

Important Direct Taxes levied in India

Important Direct Taxes
  • Corporation Tax - Tax on Companies and Tax Deducted at Source from Companies
  • Income Tax
  • Interest Tax and Expenditure Tax
  • Gift Tax
  • Wealth Tax
  • Fringe Benefit Tax (FBT)
  • Securities Transaction Tax (STT)
  • Banking Cash Transaction Tax (BCTT)
  • Other Tax Deducted or collected at source (TDS or TCS) on salaries of employees, income from Fixed Deposits, Vendor Payments, Rent, Income from Game Shows or Lottery, etc.


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