Taxation is an act of laying a tax or imposing a tax, as on the subjects of state, by the government or on the members of a corporation or company by the proper authorities; the raising of revenue. India is having a well developed tax structure with a three tier federal structure comprising the union government, state government and the local authorities. In the last two decades lots of radical changes are made in the taxation services like there is reduction in custom and excise duties, lowering corporate tax, widening of the tax base and toning up the tax administration. Taxation is having a great significance for a developing country like India, If the government is not having finance in its hands then it is very difficult for a government to run and satisfy the needs of the common people and meet with the certain contingencies. Taxation services are very important for the concerned persons who are comes under the purview of taxation. Taxation services are provided at various places So that people will not face any kind of difficulty. If you are looking for the taxation services then 365companies will help you in solving your queries and all your doubts.
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