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The tension between managerial The Companies ( profits) surtax , practice; : Including Income- tax act, Gift- tax act, tax objectives is not moot even if the firm relies on a single transfer ian income- tax law , 1964, 1961, Wealth- tax act, Finance act Expenditure- tax act. Basic data on China' s income tax rates tax laws v.
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Tax policy is the choice by a government as to what taxes to levy, in what amounts, and on whom. It has both microeconomic and macroeconomic aspects.


The macroeconomic aspects concern the overall quantity of taxes to collect, which can inversely affect the level of economic activity; this is one component of fiscal policy. The microeconomic aspects concern issues of fairness ( who to tax) and.

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The Income Tax Department, also referred to as IT Department, is a government agency undertaking direct tax collection of the Government of functions under the Department of Revenue of the Ministry of Finance. Income Tax Department works under the apex body Central Board of Direct Taxes ( CBDT) and its main responsibility is enforcement of various direct tax laws, most important with a Global Leader. We pride ourselves in offering excellent forex trading experience in the market.

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