The person who’s net worth has increased five times over the last year, and who’s now become the second richest Asian, is none other than Gautam Adani. He’s involved in business operations across varied sectors like energy, resources, port and logistics, aerospace and so on.
Tax forms a major source of revenue for the government. So when and how did taxes came into being? Familiar with the word ‘Lagaan’? That’s how taxes were known traditionally. The name, way of computation and process of collection might change, but the modus operandi has remained same throughout the ages. Ever wondered how much ‘lagaan’ we actually pay to the government? Click on the link to find out more about how taxes work in India!