1. TAXATION DURING IN MUGAL PERIOD INTRODUCTION TAXES IN ANCIENT INDIA WERE IS LED BOTH IN CASH AND IN KIND AND WERE COLLECTED BY LOCAL OFFICERS.TAX NEEDS FINANCIAL RESOURCES FOR THESE PURPOSES AND TAXATION IS ONE METHOD OF TRANSFERING MONEY FROM PRIVATE TO PUBLIC GOODS.

2. TAXES DURING MUGAL PERIOD TAX SYSTEM DURING MUGAL RULE ARE FOUND IN CONTEMPERORY COURT CHRONICLES,PARTICULARLY AIN-I-AKBARI (THE OFFICIAL CHRONICLER OF THE REGION OF EMPEROR AKBAR) COMPLIED BY ABDUL FAZL, ONE OF AKBARS COUNTR’S. IN FACT,BABAR FOUNDER OF THE MUGAL RULE IN INDIA, HAD NO TAX POLICY AS SUCH. LAND REVENUE BY FAR WAS THE MOST IMPORTANT SOURCE OF INCOME FOR THE MUGAL RULERS

3. RATE OF ZAZIA DURING THE RULE OF AURENGAZEB: INCOME LEVEL PER YEAR RATE OF ZAZIA MORE THAN 2500 RS 480 DIRHAMS (OR 13 RS) BETWEEN 250 AND 2500 RS 24 DIRHAMS (OR 6.5 RS) BETWEEN 52 AND 250 RS 12 DIRHAMS (OR 3.25 RS) LESS THAN 52 RS EXEMPTED

4. THE DISCRIMINATORY TAX POLICY BASED ON RELEGION ADOPTED BY SOME OF THE MUGAL RULERS WAS A CONTRIBUTORY FACTOR TO THE DECLINE OF MUGAL EMPIRE AFTER THE DEATH OF AURENGAZEB IN 1707.

5. CONCLUSION TAXES ARE IMPOSED SO THAT A GOVT MAY PERFORM ITS TRADITIONAL FUNCTIONS (DEFENCE AND MAINTAINCE OF LAW AND ORDER), UNDERTAKE WELFARE AND DEVELOPMENTAL ACTIVITIES AND MAKE PROVISION FOR PUBLIC GOODS TO SATISFY COLLECTIVE NEEDS OF THE PEOPLE .