The Diwani was a system of revenue collection and administration that was established by the Mughal Empire in India in the 18th century. It was an important source of revenue for the Mughal Empire and, after the East India Company assumed the Diwani in 1765, it became a major source of revenue for the East India Company as well. This article will discuss the benefits that the East India Company received from the assumption of the Diwani.
Introduction to Diwani
The Diwani was a system of taxation and revenue collection that was developed by the Mughal Empire in India during the 18th century. It was a system that allowed the Mughal Empire to collect taxes from landholders, merchants, and other members of the population. The Diwani was an important source of revenue for the Mughal Empire, and it was also a way for the Mughal Empire to maintain control over its population.
Assumption of Diwani’s Benefits to East India Company
When the East India Company assumed the Diwani in 1765, it became a major source of revenue for the company. By assuming the Diwani, the East India Company was able to collect taxes from the population of India and use the money to fund its operations. This allowed the East India Company to become more powerful and to expand its influence in the region.
The East India Company was also able to benefit from the Diwani in other ways. By assuming the Diwani, the East India Company was able to gain control over the revenue collection process in India. This allowed the company to have more control over the population and to ensure that it was collecting the correct amount of taxes from the population.
Finally, the East India Company was able to use the Diwani to increase its profits. By collecting taxes from the population, the East India Company was able to increase its profits and become even more powerful. This allowed the East India Company to become even more influential in India and to expand its power and influence even further.
In conclusion, the assumption of the Diwani by the East India Company in 1765 was a major benefit for the company. The Diwani allowed the East India Company to collect taxes from the population, to gain control over the revenue collection process, and to increase its profits. These benefits allowed the East India Company to become more powerful and to expand its influence in India.
