Few Known And Unknown Taxes That You Pay Everyday
4. Corporation Tax
Corporate taxes are annual taxes payable on the income of a corporate operating in India in a given financial year. The rates of taxation vary based on whether the company is incorporated in India or abroad. 
The corporation tax is applicable on a domestic company and foreign company if the total income is more than 
10 million.
5. Sales Tax
Now sales tax is one kind of an indirect tax and it is levied by the government on sale and purchase of products in Indian market. Whenever you buy any commodity, you have to pay its cost price plus the sales tax. The manufacturer is then liable to pay the tax to the Government. Sales tax in India is paid to both the state government and the central government.
The Sales Tax is levied only on the intra-sale of commodities which means sale within one state and the Central Tax is levied for inter-state sales, which means sales within states.
