Tax In India Now

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Income Tax

Income tax in India is a tax paid by individuals or entities depending on their earnings during a financial year. The Government of India decides the rate of income tax.


Goods & Services Tax (GST)

GST (Goods and Services Tax) is one indirect tax for the whole nation. It's destination based tax levied on the consumption of goods and services across the nation .

property tax

Property Tax

Paid by a land owner to the local government or the municipal corporation of his area annually. It's includes all tangible real estate property, his house, office building and property rented to others.

corporate tax

Corporate Tax

Tax paid by domestic companies (Indian Company) and foreign companies on their income in India is corporate income-tax (CIT).

Value Added Tax

Tax levied by Central Government on the sale of services and goods to the consumers. VAT is paid by the producers of services and goods, but it is finally imposed on the consumers who purchase the services and goods when they pay for it.

sales tax tt

Sales tax

Tax paid to a governing body for the sales of certain goods and services. Seller charge tax form consumer at the point of purchase of goods and Services.

Capital Gain Tax

Any profit or gain that arises from the sale of a "capital asset". capital gains are taxable in the year in which the transfer of the capital asset takes place . Two Types of capital gain LTCG and STCG.


Excise duty is an Indirect Tax. Taxes levied on the manufacture of goods within the country. Collected by a retailer or an intermediary from its consumers and then paid to the government.

Securities Transaction Tax (STT)

STT is kind of financial transaction tax . STT is a direct tax levied on every purchase and sale of securities that are listed on the recognized stock exchanges in India.

stamp duty tax

Stamp Duty

Stamp duty is a government indirect tax. It's charged when property has been bought either in the buyer's or seller's name



It is charged over and above the existing taxes. Tax levied for promoting services like health and education.

excise duty

Central Excise Duty

Indirect tax that is imposed by the central government on the production, sale and licence of some goods, especially those that are harmful to health and enviornment


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Here we are discuss various types of business related terms and laws. 

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