what is tax?
Answers were Sorted based on User's Feedback
Answer / rajesh jha
It is a certain amount of money that is recieved from a
worker at the end of every year. This money goes to the
government where it is then payed for things such as
hospitality and services etc
# At 1st it is a govt revenue
Is This Answer Correct ? | 24 Yes | 10 No |
Answer / alka gupta
tax is a very beneficial resource for the govt that is
charged on a person's at a limit of
income................that is further used for the public
wellfare.
Is This Answer Correct ? | 23 Yes | 9 No |
Answer / swapnil
Tax commited to govt on income of a tax payer.
Is This Answer Correct ? | 22 Yes | 9 No |
Answer / rahul
They are a charge imposed by the government on people,
entities, or on property in order to raise revenue.
Is This Answer Correct ? | 18 Yes | 5 No |
Answer / munna paswan
It is a financial charge which is charged by the Government
from the assessee. Assessee may be a person,artificial
juditial person,Trust,HUF,Etc.
Is This Answer Correct ? | 19 Yes | 6 No |
Answer / max
a sum of money demanded by a government for its support or
for specific facilities or services, levied upon incomes,
property, sales, etc.
Is This Answer Correct ? | 17 Yes | 6 No |
Answer / sudeep kumar das
Tax is an important source of revenue for both cental as
well as state Govt. The constitution of India prescribes
establishment of a socilistic pattern of society providing
Justice to all political,economic & social.
There r two types of Tax i,e Direct Tax and
Indirect Tax.
Direct Tax ia a type of tax the burden which cann't
shift on the head of other.and indirect tax is vice-versa.
direct tax is Excise Duty income Tax, corporate taxes,
income taxes, and transfer taxes, Gift Tax.
Indirect Tax are sales tax
Is This Answer Correct ? | 16 Yes | 5 No |
Answer / sumon ahmed
Tax is a compulsory levy imposed by the government.people
pay to the government based on what they earn,what they earn
and what they purchase.
Is This Answer Correct ? | 19 Yes | 9 No |
What is Acqusition?
Expand ________FIPB
Let me know rgarding the registration of partnership firm
What is the basic difference between cash flow statement and funds flow statement
what is the basic difference between cash flow and funds flow statement?
EXPAND______________IGNOU
What is the working formula for Debt Equity ratio
ipo
Choose the right answer when a customer directly deposits in our Bank towards his dealership deposit we have to debit 1.Customer 2.dealershiip deposit 3.Bank
what is the finallizition account
what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record
how can make configration related with electronic bank statment and how can i upload bank statment to system