• Shantanu S Bose

Abstract: Taxation plays a vital role in economic development of any nation. 60% of the total revenue generated by Government of India is by means of taxation. A tax which is imposed on the income of corporate is known as corporate tax. A corporate tax, also called corporation tax or company tax, is a direct tax imposed by a jurisdiction on the income or capital of corporations or analogous legal entities. Central Government every year in its union budget adopts several measures in the taxation system which determines the impact on the revenue generating capacity, for the economic development of the nation. In this broader tax structure corporate tax plays a vital & significant role in revenue generation. This research paper focuses on the top three taxation measures in the form of incentives to the corporate in India from financial year 2005-2006 to 2015-2016, and how it has impacted adversely on the revenue generation and also it has provided probable suggestions to improve the revenue generation.

Key Words: Corporate Tax, Weighted Deduction, Surcharge, Additional Depreciation, Impact

"AN ANALYSIS OF IMPACT OF INCOME TAX MEASURES ON REVENUE GENERATING CAPACITY OF GOVERNMENT OF INDIA (STUDY WITH SPECIAL REFERENCE TO CORPORATE TAXATION)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 6, page no.595-601, June-2018, Available :http://www.jetir.org/papers/JETIR1806327.pdf

"AN ANALYSIS OF IMPACT OF INCOME TAX MEASURES ON REVENUE GENERATING CAPACITY OF GOVERNMENT OF INDIA (STUDY WITH SPECIAL REFERENCE TO CORPORATE TAXATION)", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 6, page no. pp595-601, June-2018, Available at : http://www.jetir.org/papers/JETIR1806327.pdf