• DR. VIKRAMJIT SINGH

In India, the system of direct taxation as today is known has been in power in some structure even from antiquated occasions. Assortment of tax measures are alluded in both Manu Smriti and Arthasastra. The shrewd sage prompted that taxes ought to be identified with the salary and consumption of the subject. He, in any case, advised the ruler against over the top taxation; a lord should neither force high pace of tax nor excluded all from tax. As indicated by Manu Smriti, the lord ought to orchestrate the accumulation of taxes in such a way, that the tax payer did not feel the spot of covering regulatory obligations. He set out that merchants and craftsmans should pay 1/fifth of their benefits in silver and gold, while the agriculturists were to pay 1/sixth, 1/eighth and 1/tenth of their produce contingent on their conditions. Kautilya has additionally depicted in extraordinary detail the system of tax organization in the Mauryan Empire. It is exceptional that the present day tax system is from numerous points of view like the system of taxation in vogue around 2300 years back. Arthasastra referenced that each tax was explicit and there was no extension for mediation. Tax gatherers decided the calendar of every installment, and now is the right time, way and amount being all pre-decided. The land income was fixed at 1/6 portion of the produce and import and export obligations were resolved on advertisement valorem premise. The import obligations on remote products were generally 20% of their worth. Likewise, tolls, street cess, ship charges and different duties were altogether fixed.

Taxation Regime in India, Tax Dimensions in India

"The Advent and Elevation of Taxation Regime in India with Progressive Dimensions", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.456-463, November 2018, Available :http://www.jetir.org/papers/JETIR1811B69.pdf

"The Advent and Elevation of Taxation Regime in India with Progressive Dimensions", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp456-463, November 2018, Available at : http://www.jetir.org/papers/JETIR1811B69.pdf