Basic Concepts of Taxation

Basic Concepts of Taxation

1. Regressive Tax

2. Basic notions of taxation

3. Principles of taxation

4. Importance of taxation

5. Objectives of taxation

6. Classifications of taxes

6.1. Local Tax

6.2. Taxes as to Purpose

6.3. Taxes as to Liabilities

6.4. Proportionate Tax

7. Tax Policies

8. Tax Reforms