how many taxes in India

India has multiple taxes, which can be broadly categorized into direct and indirect taxes. Here is a breakdown:

Direct Taxes

Income Tax: Levied on individuals and companies based on their income.

Corporate Tax: Levied on companies based on their profits.

Wealth Tax: Levied on individuals based on their net wealth.

Gift Tax: Levied on gifts above a certain value.

Capital Gains Tax: Levied on profits from the sale of capital assets.

Indirect Taxes

Value-Added Tax (VAT): Levied on the value added to goods and services.

Service Tax: Levied on various services.

Goods and Services Tax (GST): A comprehensive indirect tax levied on the supply of goods and services.

Customs Duty: Levied on imported goods.

Excise Duty: Levied on manufactured goods.

Stamp Duty: Levied on various transactions.

Professional Tax: Levied on professionals and employees.

Land Revenue: Levied on land and property.

Octroi: Levied on goods entering a local area.

Property Tax: Levied on real estate.

Infrastructure Cess Tax: Levied on various goods and services.

Swachh Bharat Cess Tax: Levied on various goods and services.

Krishi Kalyan Cess Tax: Levied on various goods and services.

These taxes are levied by both the central and state governments in India.