Constitutional Provisions for Taxation System in India | Original Article

ABSTRACT:

One definition of a tax is a levy levied against citizens or owners of property in order to raise funds for public services. Therefore, tax is not a voluntary payment or donation that one chooses on their own but rather a required contribution. It's money that the lawmaker is required to collect. Taxes can be imposed either directly or indirectly. Effective tax system and procedures can lead to revenue growth that is perhaps a little quicker than GDP (Gross Domestic Product). The collection and distribution of tax revenue is the focus of tax law. There are several origins for tax regulations. They have their origins in federal and state constitutions, statutes, and ordinances. The practice of tax law includes learning about, enforcing, and defending the payment or nonpayment of taxes. In this Article the author has explained the Constitutional provisions in a very simple manner so that the layman can also understand the complicated provisions related to different types of Taxes.