Scroll Top




    Taxpayer refers to a person who is subject to the tax laws of a country. The person may be an individual or an entity who is governed by the tax laws of a country.

    What is Taxpayer?

    The taxes may be due to the Central Government or state governments. In India, income tax and good and services tax (GST) is levied and collected by the Central Government, while certain goods such as petrol are subject to taxes imposed by the respective state governments.

    The tax revenues are a major source of government revenue, both for the Central and state governments. In addition to income tax, the Central Government also levies and collects cess such as 'Secondary and Higher Education' cess. The cess is calculated on the amount of the tax due from a taxpayer.

    While income tax is levied and collected on the annual taxable income of a taxpayer, GST is levied and collected on transactions carried out by taxpayers. GST is levied on the sale of intra-state and inter-state sales made by taxpayers.

    Who is eligible to pay?

    Taxpayers must register themselves under the applicable laws and discharge their obligations. A taxpayer must pay their tax dues to avoid interest and penalty under the applicable laws. A belated filing of tax returns attracts levy of a late filing fee for the period of delay.

    A detailed breakdown of the procedure for filling the tax

    Taxpayers are also required to file annual returns as well as monthly returns. Under income tax, a taxpayer is required to file an annual return of income. Certain taxpayers are also subject to audit and are liable to furnish audit reports in addition to the tax returns. Under GST, taxpayers are required to file monthly returns and make a monthly payment of tax. They are also required to file an annual return and an audit report in certain cases.

    At the time of filing of the annual returns, a taxpayer must self assess the tax payable, claim credit for taxes already paid during the financial year, and pay the balance tax if any.

    Popular Topics

    Latest Articles

    Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

    Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

    CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.

    Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.

    Cleartax is a product by Defmacro Software Pvt. Ltd.

    Company PolicyTerms of use


    ISO 27001

    Data Center


    SSL Certified Site

    128-bit encryption