by Administrator | Jul 15, 2014 | Indirect Tax Laws, Law Reviews, Taxation Laws
The Central Excise Act was enacted on February 24, 1944 with an intention to consolidate and modify the legal principles dealing with Central Excise duties on commodities that are produced and fabricated in some parts of Indian Territory. The Central Excise duties and...
by Administrator | Jul 14, 2014 | Indirect Tax Laws, Law Reviews, Taxation Laws
The Sixth Amendment to the Constitution of India was undertaken with a view to enhance the Indian economy by bringing the taxes imposed on the sale and purchase of commodities in commercial activities of states under the direct control of the Parliament. The Amendment...
by Administrator | Oct 1, 2013 | Law Reviews, Taxation Laws
Several types of taxes are obtained from the citizens for the economic stability and development of a Nation. In India taxes including income tax, wealth tax, vehicle tax, entertainment tax etc contributes a lion’s share in the economic strategy of the country....
by Administrator | Sep 30, 2013 | Law Reviews, Taxation Laws
Taxation laws play an important role in the accumulation of revenue of a country. There are several laws that deals with various type of tax collection form different fields. A citizen of a country is obliged to pay the tax for the development of the country. The...
