Taxation in India is a complex and ever-changing landscape. The Indian tax system is broadly divided into two categories: direct taxes and indirect taxes.

Direct taxes are levied on the income of individuals and businesses. These taxes are typically collected by the central government. Some of the major direct taxes in India include:

• Income tax: This is the main source of direct tax revenue in India. It is levied on the income of individuals and businesses from various sources, such as salaries, wages, business profits, capital gains, and rental income.
• Corporate tax: This is a tax levied on the profits of companies. The current corporate tax rate in India is 30%.
• Wealth tax: This is a tax levied on the net wealth of individuals and Hindu Undivided Families (HUFs). The current wealth tax rate in India is 1%.

Indirect taxes are levied on goods and services. These taxes are typically collected by both the central and state governments. Some of the major indirect taxes in India include:

• Goods and Services Tax (GST): This is a comprehensive value-added tax (VAT) that was introduced in India in 2017. GST subsumed a number of indirect taxes, including central excise duty, service tax, and value-added tax (VAT) levied by states.
• Customs duty: This is a tax levied on goods imported into India. The rate of customs duty varies depending on the type of goods being imported.
• Excise duty: This is a tax levied on goods manufactured in India. The rate of excise duty varies depending on the type of goods being manufactured.

In addition to these major taxes, there are a number of other taxes levied in India, such as stamp duty, entertainment tax, and electricity duty. The tax rates vary from state to state.

Tax administration in India is carried out by the Central Board of Direct Taxes (CBDT) and the Central Board of Excise and Customs (CBEC). The CBDT is responsible for administering direct taxes, while the CBEC is responsible for administering indirect taxes.

Tax compliance in India is generally good, although there is always room for improvement. The government has taken a number of steps to improve tax compliance, such as introducing the Goods and Services Tax (GST), which has made the tax system more transparent and easier to comply with.

Tax reforms in India are ongoing. The government is constantly reviewing the tax system and making changes to improve efficiency and equity.