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- Dictionarytaxation/takˈseɪʃn/
noun
- 1. the levying of tax: "the progressive nature of taxation"
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Taxation is the means by which a government or the taxing authority imposes or levies a tax on its citizens and business entities. From income tax to goods and services tax (GST), taxation applies to all levels.
Feb 28, 2024 · Taxation refers to the act of levying or imposing a tax by a taxing authority. Taxes include income, capital gains, or estate.
A tax is a compulsory fee that is levied by a government on an individual or an organization to collect revenue for public works. Know more about the types of taxes, recent reforms, income tax, tax slabs, etc. on Groww.
Taxation, imposition of compulsory levies on individuals or entities by governments. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well. Learn more about taxation in this article.
Mar 19, 2024 · Uncover the essentials of taxation: Get to know the definition of tax, its purpose, and the various types of taxes implemented in India for financial governance.
May 23, 2024 · Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national. Tax revenues finance government...
the process by which the government of a country obtains money from its people in order to pay for its expenses. (Definition of taxation from the Cambridge Academic Content Dictionary © Cambridge University Press) taxation | Business English. noun [ U ]
Taxation in India - Wikipedia. Taxes in India are levied by the Central Government and the State Governments by virtue of powers conferred to them from the Constitution of India. [1] . Some minor taxes are also levied by the local authorities such as the Municipality. [2]
The meaning of TAXATION is the action of taxing; especially : the imposition of taxes. How to use taxation in a sentence.
the process by which the government of a country obtains money from its people in order to pay for its expenses. (Definition of taxation from the Cambridge Academic Content Dictionary © Cambridge University Press) taxation | Business English. noun [ U ]
