This is the order by revenue
1.Corporation Tax – This is the tax levied on the income of Companies under the Income-tax Act, 1961
2.Income Tax – This is a tax on the income of individuals, firms etc. other than Companies, under the Income-tax Act.
This also includes Securities transaction Tax.
3.Wealth Tax – This is a tax levied on the specified assets of certain persons including individuals and companies, under the Wealth-tax Ac
4.Customs – Revenues earned through taxes imposed on imported goods
5.Union Excise Duties
6.Service Tax – Taxes on service transactions(at hotels,cinemas etc..)
7.Taxes from Union Territories – comprises of taxes collected by UT Governments without Legislature and include items of taxes normally collected by States. These taxes collected by UTs accrue to Central Government.
1.Corporation Tax – This is the tax levied on the income of Companies under the Income-tax Act, 1961
2.Income Tax – This is a tax on the income of individuals, firms etc. other than Companies, under the Income-tax Act.
This also includes Securities transaction Tax.
3.Wealth Tax – This is a tax levied on the specified assets of certain persons including individuals and companies, under the Wealth-tax Ac
4.Customs – Revenues earned through taxes imposed on imported goods
5.Union Excise Duties
6.Service Tax – Taxes on service transactions(at hotels,cinemas etc..)
7.Taxes from Union Territories – comprises of taxes collected by UT Governments without Legislature and include items of taxes normally collected by States. These taxes collected by UTs accrue to Central Government.