Do you know which India’s biggest tax revenue is for the Government? It is the direct tax that constitutes more than 50% of the total revenue. Out of these corporate tax shares almost 28% of the revenue. Corporate tax is simply the tax imposed on giant corporations and bigger establishments. It is subject to various deductions and loopholes but remains one of the strongest contributions to our nation. The scale of the revenue makes it a perfect target for double taxation. When we hear of corporations, the first thing that comes to our mind is that of Reliance, Tata and Adani. Well, corporate names garner too much attention and are profit-oriented at the same time. They incorporate thousands of employees and is one of the biggest sources of income to the country. The recent Pandora leaks also name some of these corporations. To know more about corporate taxes, watch the upcoming presentation.

Bridgit Peter

22 resources

1

0

2

Like