Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

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ICICI Bank report predicts 8.3% growth in indirect tax collection for FY26, with focus on GST and corporate tax.

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

As India gears up to claim the 4th spot among the world's largest economies by 2025, there is a pressing need to refine its ...

The lesson of history is that the aggregate demand plays an important role in sustaining the level of economic activity.

Summary: The Union Budget 2025 proposes a rationalized customs tariff structure by removing seven tariff rates, leaving only eight, with minor reductions on select items. To support domestic ...

The enacted legislation, which introduces a suite of new indirect taxes, was ‘highly awaited’ but presents major concerns, ...

The upcoming budget presents a crucial opportunity to refine indirect tax policies, boost revenue generation, and foster ...

The court reinforced that indirect taxes cannot be imposed on duty-free shops as they function beyond Indian customs limits.

The FM has retained the effective tax rate of most products to the pre-budget rates by balancing through the AIDCess, notes ...