TAILIEUCHUNG - Indian tax structure – an analytical perspective

The state should formulate a comprehensive and cohesive tax system which can balance the different objectives in view of its own requirements and goals. The present paper is an attempt to study the present tax structure in India and the recent reforms undertaken. | Indian tax structure an analytical perspective International Journal of Management IJM Volume 10 Issue 3 May-June 2019 pp. 36-43 Article ID IJM_10_03_004 Available online at http ijm JType IJM amp VType 10 amp IType 3 Journal Impact Factor 2019 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication INDIAN TAX STRUCTURE AN ANALYTICAL PERSPECTIVE Dr. S. M. ALAGAPPAN Associate professor in Commerce Arumugam Pillai Seethai Ammal College Tiruppattur Sivagangai District 630211 India ABSTRACT Tax payment is mandatory for every citizen of the country. Taxation is an instrumental tool to procure resources for the government to enable it to formulate policy schemes for the overall development of the economy. Income tax plays an important role as a source of revenue and an effective measure of removal of economic disparity. Different objectives of taxation each one of them desirable by itself can pull in different directions. The state should formulate a comprehensive and cohesive tax system which can balance the different objectives in view of its own requirements and goals. The present paper is an attempt to study the present tax structure in India and the recent reforms undertaken. Keywords Direct taxes Indirect taxes tax collections revenue savings economy. Cite this Article Dr. S. M. Alagappan Indian Tax Structure An Analytical Perspective International Journal of Management 10 3 2019 pp. 36-43. http IJM JType IJM amp VType 10 amp IType 3 1. INTRODUCTION Indian tax system has been unorganised unregulated and unplanned due to historical reasons. India s alien rulers taxed the people to the benefit of their coffers and also for Royal luxuries of the state. Land revenue was the major part of income for the royal treasury. Other taxes used to be levied on adhoc basis. During the British rule no effort was made for uniformity in the tax system. Vast differences .

• Kế toán - Kiểm toán
• Cohesive tax system
• Present tax structure in India
• Development of the economy
• Removal of economic disparity
• Objectives of taxation