Tax Law
Indian tax law is an extremely complex body of law, with several different taxes levied by different governments. Income Tax is levied by the Central Government under the Income Tax Act, 1961. Customs and excise duties are also levied by the Central government. Sales tax is levied under VAT legislation at the state level.
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Famous quotes containing the words tax and/or law:
“To tax and to please, no more than to love and to be wise, is not given to men.”
—Edmund Burke (1729–1797)
“It is the way unseen, the certain route,
Where ever bound, yet thou art ever free;
The path of Him, whose perfect law of love
Bids spheres and atoms in just order move.”
—Jones Very (1831–1880)
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