Tax percentage

hi gurus what is tax percentage?
how to calculate it? it is compulsory?

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

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