Chartered Accountant Articleship Trainee
Chartered Accountant Articleship Trainee Interview Questions and Answers
Updated 2 Mar 2023
Q1. Taxation System in India
Ans.
India has a complex taxation system with multiple taxes levied by both central and state governments.
The central government levies taxes such as income tax, customs duty, and service tax.
State governments levy taxes such as value-added tax (VAT), entry tax, and entertainment tax.
Goods and Services Tax (GST) was introduced in 2017 to replace multiple indirect taxes.
Taxation laws are governed by the Income Tax Act, 1961 and the Goods and Services Tax Act, 2017.
Tax evasion is a ...read more
Chartered Accountant Articleship Trainee Jobs
CA Articleship Trainees • 0-1 years
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