tax percentage

[Former Member]

hi gurus what is tax percentage?

how to calculate it? it is compulsory?

[Former Member · Accepted solution]

hi raghu

Tax percentage is government requirement in india and its compulsory. firstly are you talking about the taxes in india or something else please clarify ?

swapnil

[Lakshmipathi]

Dear raghu ram

Yes tax is compulsory.

tax is nothing but the amount we are paying to Government from our earnings. It may be Income tax if we pay tax against our income and sales tax if we pay against the sales made.

Government has stipulated certain percentage on all these and it differs from state to state.

In SAP, tax percentage are maintained in FTXP for the combination of country of origin and tax code.

thanks

G. Lakshmipathi