Page:Indian Journal of Economics Volume 2.djvu/333

INDIAN INGOME TAX 819 8. Any interest, annuity, or dividends, payable in Indi? to' ?ny person whether residing in Indi? or elsewhere, fin?lly-- 4. Every ?nnuity, salary or pension p?y?ble to any person residing in India. As regards the rates it m?y be s?id that the Indian l?w ocrresponds to the English l?w of 1808, which w?s percentage t?x r?ther th?n so much in the ?. The rates were three ?nd one per cent for the (]entml ?dministmtion, ?nd the Provincial ?dminis- trotions respectively. The l?tter were ?sked to devo[e the proceeds to public works o! loo?l character such ?s ro?ds, o?n?ls or loo?l railways. (b) Assessment and Collections. the 1oe?l In the rural districts of a district. required to assessments were made by committee, usually appointed Each person liable render an unsworn approximate income. The appeals collector. The Deputy Collector income not exceeding Rs. 1000 a year appeal to the collector in the e?ent o! surc. harge. the Panchayat, a by the collector to the tax was statement of his were taken to the assessed profits and subject to Collectors of entrusted with management of that public sentiment and more so than now. the land revenue, the execution of duties. In passing it The then, were solely the Act and the ?nay be noted w.ere adhered to, tradition As regards the assessment and collection in towns, special commissioners and collectors were entrusted with the work. In all cases assessors, then as now, were appointed by the local authorities. (c) Exemptions. The authorities seem to large persons very careful about exemptions. (1) persons with less than from all be that It was provided Rs. 200 a year inco?,e sources would pay no tax at all; again (2) with less than Rs. 00 income, but amount-