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Objective of tax structure of india

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Objective of tax structure of india

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  1. Please elaborate more on your question.

    Tax structures are made so that the government can earn money to carry out its expenditures and the expenses for the welfare of its citizens.  


  2. The laws of a country and its other institutions are the product of the socio-economic objectives of the Government of that country. During the period under consideration, the Direct Taxes Laws came to be increasingly used for conflicting purposes. On the one hand, there was the traditional demand that Direct Taxes Laws be used as instrument for raising revenue for the needs of the state, on the other hand, the legislature started using them for channelised investment in certain predetermined areas as a result of the policies of the Government, and for various objectives, which though socially laudable, could not be called revenue yielding objectives.

    The period under consideration also witnessed a remarkable increase in the number of tax-payers and a growing trend of tax evasion. This chapter is not the appropriate place for a detailed discussion of the causes of tax evasion. Suffice it to say that massive investment by the Government and consequent bumper profits, a dual economic policy based on levies and controls on one side and a free market on the other, contributed largely to tax evasion.

    The growth of the Department during this period was determined by the factors mentioned above. They made it imperative for it to grow in size as also to experiment, adopt, reject and modify several strategies to cope up with the challenges.

    i hope it helps

  3. Read about India Income tax rates for financial year 2008-09 (assessment year 2009-10): http://mytaxes.in/index.php?topic=7.0

  4. The objective of tax structure in india is to distribute the money in the population evenly and get funds for development programmes.

    It may be that due to corruption it does not seem to be in complete proportion.

    From: www.sharetips.99k.org

    with best wishes.

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