This book covers the
following topics: Income Tax in India, Income Exempt from Income Tax, Income
from Salaries, Income from House Property, Income from Business or Profession,
Capital Gains, Income from Other Sources, Clubbing of Incomes, Deduction from
Gross Total Income, Computation of Tax Liability of Individuals.
This note provides a basic framework of
public finance at the microeconomic level, starting from a general theory of
taxation on commodity, income and corporate profits and then extending issues of
tax evasion and compliance, and tax reform. Topics covered includes: Commodity
Taxation, Individual Income Taxation, Corporate Taxation, Capital Income
Taxation, Inheritance and Gift Taxation, Tax Compliance and Evasion, Tax
Reform.