Tax Law
At present, our resourceful and ornate law firm with its main office in India, is one of the widely prominent and highly reputed service providers in the world to people and diverse entities engaged in all economic sectors. All different and discrete areas and disciplines of the law are expertly covered and served by ours internationally acclaimed and reputed legal professionals, inevitably including the tax law. In this article, offered is exclusive information about the tax law or taxation law, along with a precise tax law definition, and ours services in connection with the tax law, essentially including the tax law india. The tax law is the well-devised and magnificent law that deals exclusively with formulation of policies regarding levying, collection, management, and regulation of all types of taxes in any specified country. All types of taxes, which are mentioned below, form a major and vital source for revenue to the Government of the country every year, to fund all its developmental and promotional activities and plans. Thus, the tax law is of utmost significance to all resident people and entities in various economic fields, in respect of their lawfully peaceful and smooth businesses, certain tax regulations and exemptions, and proper accreditation and reputation.
Tax Law in India
In India, the tax law is represented by the Income Tax Act, 1961. And, the main governing and regulating bodies regarding taxation in India are the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC), well-supported by the National Securities Depository Limited (NSDL). Explanation regarding what is tax law has already been given in the section above, and now, this section is going to offer information about types of direct and indirect taxes in India, and our well-rounded services to individuals and entities engaged in all economic sectors in all around India. Ours well-learned and adept taxation attorneys and lawyers provides perfect, expert, and swift services to individuals and corporate entities in connection with the following types of taxes in India and abroad:
- Income Tax
- Property and Wealth Tax
- Service Tax
- Excise Duties
- Customs Duties
- Sales Tax
- Value Added Tax (VAT)
- Fringe Benefits Tax (FBT)