THE WEALTH TAX ACT 1957

Various taxation laws are enacted for tax collection from the public for revenue and welfare of the country. The Wealth Tax was enacted in the year 1957 for the assessment of tax from the wealth of an individual, Hindu undivided family and any company at 1% where the...

THE INTEREST TAX ACT 1974

The economic graph of a country depends on the revenue of that country. The government from time to time creates new strategies for the generation of revenue. The maintenance of the economy is the basic motive of a democratic government that ultimately aims at the...

THE INCOME TAX ACT 1961

An income can be generated through various sources. The Government of a country has the responsibility to create job opportunities or employment for the welfare of the people. The Government of India provides several opportunities for a citizen to create income....