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Taxation & Customs (India)

Taxes are the major source of income for the country. Various types of taxes are to be payable by the citizens of India to the Government.

Income Tax
Every individual who earns an income in India is required to pay Tax on the Income earned by him during that financial year to the government of India. Calculation of the Income Tax to be paid by an individual is a cumbersome process. The government of India provides certain benefits to its citizens who earn an income in the country by means of deductions, exemptions etc. The Income Tax Department of India is a well organized governmental body to implement the provisions of the Act, guide the citizens and also empowered to impose penalties to the erring persons.



There are other divisions for Sales Tax, Agricultural Income Tax under the State Governments.




Indian Customs & Central Excise

The Customs Department is the authorized Government body to levy, collect and regulate Customs Duty on all exports and imports. The Department has wide authority. They have offices at all the sea ports and air ports to have effective surveillance on each and every export/import. There are separate rules binding on all the passengers and vessels.



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