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Udemy - Taxation - Direct & Indirect

Udemy - Taxation - Direct & Indirect
English | 38m | AVC (.MP4) 1280x720 30fps | AAC 44.1KHz 2ch | 89 Mb
Genre: eLearning

"Udemy - Taxation - Direct & Indirect"

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Udemy - Taxation - Direct & Indirect

Udemy - Taxation - Direct & Indirect
English | 38m | AVC (.MP4) 1280x720 30fps | AAC 44.1KHz 2ch | 89 Mb
Genre: eLearning

Learning Taxation in a simple and lucid manner to use in the day to day life by anyone.

Taxation is one of the important concepts which are required to be understood by anyone as all of us pay tax in some way or the other. This course will cover areas about why Tax is charged by the Government, some terms and definition required to be known before we get to understand tax. This course if further sub divided into two parts

Direct Tax which means tax which is directly paid by an individual, company etc. In direct tax we will cover various sections of Income Tax which comprises of topics like Determination of Residential Status of any person to determine whether a person will be taxed in the country of origin or outside, Determination of Taxable Income from Various Heads such as Income from Salary which is required to be determined in case of person who is working for some, Income from House Property where an individual earns income from giving a house property on rent, Income from Business and Profession which is received by person by carrying out business activity or doing a profession, Income from Capital Gains is received when a capital asset is sold by anyone and Income from Other Sources comprises of income which does not fall in the other categories as mentioned.

The components of direct tax are required to be known by any individual or any person who earns or will earn income in any form which is mentioned from the sources i.e. various heads of income.

In Indirect Tax, we will cover various acts such as Service Tax in which we will understand the various services chargeable to tax, MVAT which is charged on the value addition done on goods sold and Excise Duty which is levied on the goods manufactured which are quite important to be known in our day to day activities as every day we pay tax in an indirect way in some form or other.
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Tags: Udemy, Taxation, Direct, Indirect

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