Thanks for A2A,Here EIC refers to East India Company,In 1758, a tax of 10% on the produce of the landed estates in Bombay was imposed by the EIC to meet its extravagant expenses.The EIC levied a tax on all salt produced in India, obtaining a revenue of more than f I. million per year, during the last years of its rule. The British imposed or enhanced taxes on land, trades, occupations and commodities. In South India, the taxes were raised from 12 to 16% of the gross agricultural produce to 50%. The tax was calculated on what the farmer obtained in a good agricultural year. If, for any reason, he had a bad crop he would almost surely make a loss because the amount of tax remained fixed.In 1929, the people of India were taxed more than twice as heavily as the people of England The percentage of the taxes in India, as related to the gross product, was more than doubled that of any other countrySource: Page on inflibnet.ac.in