Need A Financial Product Forums Tax Savings Who is authorised to levy taxes in India?

This topic contains 1 reply, has 2 voices, and was last updated by  Tushar Joshi 2 years, 2 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #47428

    Tushar Joshi
    Member

    Who is authorised to levy taxes in India?

    #47429

    Smita Maloo
    Member

    Indian taxation system has given authority only to some authorities to levy taxes. They are Central Government, State Government and even the local Municipalities for certain minor taxes. The Constitution distributes these taxes between Central and the State government and gives authority to them. No other body is allowed to levy any type of tax on anyone. Also, each levied tax is supposed to be backed by a law which either the parliament or state legislature passes.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.