⟩ What is the difference between Sales Tax and VAT?
Sales tax, as compared to VAT is the percentage of revenue
imposed on the retail sale of goods. Unlike VAT, sales tax
is levied on the total value of goods and services
purchased.
Sales tax, as compared to VAT is the percentage of revenue
imposed on the retail sale of goods. Unlike VAT, sales tax
is levied on the total value of goods and services
purchased.
Can you please define assessment year for taxation?
Tell me about the taxation principles?
Tell me about the total income?
Please define the term person under taxation?
Please tell me about previous year?
List the names of heads under total income?
Tell me about financial year?
Tell me what rate firms are required to pay tax at?
Tell me who is an assessee?
Please explain tax liability of an individual get affected due to his residential status?