粗布印度最主要20种税收介绍英文版(2016年1月13日更新)

2021年1月22日发(作者：十日游)
印度主要
20
种税收介绍英文版
(2016
年
1
月
13
日更新
)
20 Types of Taxes in India(2016
年
1
月
13
日更新
)
By
Shitanshu Kapadia
| In
Incometax
| Last Updated January 13, 2016 |
44 Comments


Ever
since
I
started
working
full
time &
earning
at
age
of
23
years,
I
have
started
complaining to my father see how much I paid in taxes, my father always use to say “if
you have started paying taxes its good thing that you earned an income.”

How many of you actually love to pay tax & how many of you know that government ask
us
to
pay
tax
via
20
different
manners?
In
this
article
I
will
provide
you
brief
information about these 20 taxes in India.

Also Read
–

20 Tax Free Incomes in India

Tax
is
imposing
financial
charges
on
individual
or
company
by central
government
or
state government. Collected
Tax amount is used for building nation (infrastructure &
other development), to increase arms and ammunition for defense of country and for
other welfare related work. That’s why it is said that “Taxes are paid nation are made”.

Type of Taxes in India:-

Direct Taxes:-

These types of taxes are directly imposed & paid to Government of India. There has been
a steady rise in the net Direct Tax collections in India over the years, which is healthy
signal. Direct taxes, which are imposed by the Government of India, are:

(1) Income Tax:-

Income tax, this tax is mostly known to everyone. Every individual whose total income
exceeds taxable limit has to pay income tax based on prevailing rates applicable time to
time.

By doing investment in certain scheme you can save Income Tax.

Also Read:-

14 Tax Saving Options 2014

For FY 2015-16 Income tax rates are:-


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(2) Capital Gains Tax:-

Capital Gain tax as name suggests it is tax on gain in capital. If you sale property, shares,
bonds & precious material etc. and earn profit on it within predefined time frame you
are supposed to
pay
capital
gain
tax.
The capital
gain
is
the
difference between
the
money received from selling the asset and the price paid for it.

Capital gain tax is categorized into short-term gains and long-term gains. The Long-term
Capital Gains Tax is charged if the capital assets are kept for more than certain period 1
year in case of share and 3 years in case of property. Short-term Capital Gains Tax is
applicable if these assets are held for less than the above-mentioned period.

Rate at which this tax is applied varies based on investment class.

Example:-

If
you
purchase
share
at
say
1000
Rs/-
(per
share)
and
after
two
months
this
price
increased to 1200 Rs/-(per share) you decide to sale this stock and earn profit of 200
Rs/- per share. If you do so you have to pay Short term CGT (capital gain tax) @ 10%
+Education cess on profit as it is short term capital gain. If you hold same share for 1
year or above it is considered as long term capital gain and you need not to pay capital
gain is considered as tax free.

Similarly if you purchase property after two year if you find that property price in which
you invested has increased and you decide to sale it you need to pay short term capital
gain tax.

For property it is considered as long term capital gain if you hold property for 3 years or
above.

(3) Securities Transaction Tax:-

A
lot
of
people
do
not
declare
their
profit
and
avoid
paying
capital
gain
tax,
as
government can only tax those profits, which have been declared by people. To fight
with this situation Government has introduced STT (Securities Transaction Tax ) which is
applicable on every transaction done at stock exchange. That means if you buy or sell

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equity
shares,
derivative
instruments,
equity
oriented
Mutual
Funds
this
tax
is
applicable.

This tax is added to the price of security during the transaction itself, hence you cannot
avoid (save) it. As this tax amount is very low people do not notice it much.

Current STT Rates are:-


(4) Perquisite Tax:-

Earlier to Perquisite Tax we had tax called FBT (Fringe Benefit Tax) which was abolished
in
2009,
this
tax
is
on
benefit
given
by
employer
to
employee.
E.g
If
your
company
provides you non-monetary benefits like car with driver, club membership, ESOP etc. All
this benefit is taxable under perquisite Tax.

In case of ESOP The employee will have to pay tax on the difference between the Fair
Market Value (FMV) of the shares on the date of exercise and the price paid by him/her.

Online Income Tax Calculator

(5) Corporate Tax:-

Corporate
Taxes
are
annual
taxes
payable
on the
income
of
a
corporate operating
in
India. For the purpose of taxation companies in India are broadly classified into domestic
companies and foreign companies.


In addition to above other taxes are also applicable on corporates.


Indirect Taxes:-

(6) Sales Tax :-

Sales tax charged on the sales of movable goods. Sale tax on Inter State sale is charged
by
Union
Government,
while
sales
tax
on
intra-State
sale
(sale
within
State)
(now
termed as VAT) is charged by State Government.

Sales can be broadly classified in three categories. (a) Inter-State Sale (b) Sale during
import/export (c) Intra- State (i.e. within the State) sale. State Government can impose
sales tax only on sale within the State.


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