Did You Know, the system of progressive taxation perhaps owes its - TopicsExpress



          

Did You Know, the system of progressive taxation perhaps owes its origin to emperor Krishnadevraya of Vijayanagar who maintained that taxes should not be levied at flat rates and the amount of tax levied must depend on the income of the farmer. Tax administration was further refined by Sher Shah Suri and later by Akbar. The Mughal emperors granted land revenue rights to a Mansabdar in exchange for promises of soldiers in war time. The treaty of 1765 gave Britishers the right to collect taxes on behalf of the emperor. Well before the dissolution of the Mughal Empire in 1857, the British system of District Collectors of land revenue was established. Post by: H&R Block India
Posted on: Sat, 29 Jun 2013 01:45:26 +0000

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