Robust Legal brings for a comprehensive course that covers in detail about the laws governing corporate taxation in India. Corporate Tax is the tax paid by companies on their profits. Usually this works out to be a substantial amount. Thus complete knowledge of the same is important for all companies. If you acquire knowledge in this regard, it is likely that you would be in high demand. On completion of this course from Robust Legal you would have a distinctive edge over others engaged in the field.
What is Corporate Tax? What are its implications?
Corporate Tax is the income tax which is paid by companies from the revenue they earn. Depending on the amount earned, there are various slabs which are there. As a company you are to pay your corporate tax depending on which slab your company income falls under during a financial year. There are two types of taxes which are collected. One is the Direct tax. The other is the indirect tax. The Corporate tax falls under the category of direct tax. A tax is not a voluntary payment or a donation. It is a contribution which is enforced which is fixed by the legislative authority.
For the purpose of Taxation a Company is referred to either as an Indian company, or a corporate body incorporated inside or outside India. Generally the Income of a Company falls under 4 heads . The four heads of income are as follows:
- Profits from the business,
- Income from property which may be housing or commercial.
- Income from capital gains and
- Income from other sources like interest on securities.
A domestic company is a company formed and registered under the Companies Act 1956 or any other company which is liable to income tax. It can be either a private or public company.
The tax system in India is mainly a three tier system which is based between the Central, State Governments and the local government organizations. Thus there are various complications involved so you need complete knowledge of the whole structure.
Robust Legal: Corporate Taxation Course- what you would learn?
Through this comprehensive course you would learn in detail about the history of tax structure in India. You would also get to know about the various mechanisms by which the corporate are taxed in India. You can learn the core concept of corporate taxation in India.
Why Robust Legal for Legal Courses?
Robust Legal has redefined the way law related education is offered in India. If you seek good quality law related education, currently the lack of adequate infrastructure is a major challenge. Besides there is also a dearth of good teaching faculty in the sector. Robust Legal identified this gap and this is an initiative to fill up the gap. Thus Robust Legal has focused on the fields of law which are now emerging. Corporate Taxation is one such field which is high demand. The expert faculty team here can provide you with the best guidance. The best things about the courses here is that all of them are very affordable. So to have complete knowledge about Corporate Taxation in India see their courses.
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