---
title: "Some taxes every Indian is bound to pay"  
description: "Paying taxes is an essential duty of every citizen in India. Here are some of the taxes that every Indian is obligated to pay."  
author: "Babita Soni"  
published: 2023-04-08  
canonical: https://yourviews.mindstick.com/story/2207/some-taxes-every-indian-is-bound-to-pay  
category: "economy"  
tags: ["taxes"]  
reading_time: 1 minute  

---

# Some taxes every Indian is bound to pay

![Some taxes every Indian is bound to pay](https://yourviews.mindstick.com/stories/2877a311-630a-47fd-83f2-eab1d024c076/images/931f16bc-fa2a-4d74-ae64-84aa81c477dd.jpeg) ![Some taxes every Indian is bound to pay](https://yourviews.mindstick.com/stories/2877a311-630a-47fd-83f2-eab1d024c076/images/dd77d2e9-a256-48e5-b9f3-ea0597e4f7a6.jpeg) Income tax: A tax on the income earned by individuals and businesses ![Some taxes every Indian is bound to pay](https://yourviews.mindstick.com/stories/2877a311-630a-47fd-83f2-eab1d024c076/images/f153828a-d057-4fc9-ad7b-58b3e6739d05.jpeg) Goods and Services Tax (GST): A consumption tax on goods and services ![Some taxes every Indian is bound to pay](https://yourviews.mindstick.com/stories/2877a311-630a-47fd-83f2-eab1d024c076/images/b6cfa2f0-42fe-455d-9fc1-7885cd424ac7.jpeg) Property tax: A tax on the value of property owned by an individual or business ![Some taxes every Indian is bound to pay](https://yourviews.mindstick.com/stories/2877a311-630a-47fd-83f2-eab1d024c076/images/cf014209-b511-4aab-ba3f-b76b73aa8603.jpeg) Professional tax: A tax on the income earned by individuals engaged in a profession or trade ![Some taxes every Indian is bound to pay](https://yourviews.mindstick.com/stories/2877a311-630a-47fd-83f2-eab1d024c076/images/27f3e2d4-73ea-483b-bb72-045d66ec18c3.jpeg) Wealth tax: A tax on the net wealth of an individual or business. However, this tax has been abolished since 2015.

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