Payable on the capital gains that are received after the asset sales, this tax is a direct tax levied by the Central Government of India.
Levied by the India Government, this type of direct tax involves the payment of tax by the companies based within the Indian Republic on their worldwide income.
This tax is computed on some specific services, which are provided in the country. The tax is levied at 10 % rate with an additional education cess at the rate of 2 %.
Governed as per the Customs Act, 1962 as well as the Customs Tariff Act, 1975, the imported goods in this nation attract basic and additional custom duty.
This tax in the Indian Republic includes every kind of income, which is computed and levied by the Union Government. The income from agriculture is not levied or collected by the India Government though.
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THOSE STOCK RETURNS THAT ARE CALLED MULTIBAGGER STOCK ARE CALLED.
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