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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The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...
ICICI Bank report predicts 8.3% growth in indirect tax collection for FY26, with focus on GST and corporate tax.
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 ...
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Taxes and impact on aggregate demand
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 upcoming budget presents a crucial opportunity to refine indirect tax policies, boost revenue generation, and foster ...
From a GST standpoint, we need to bear in mind that changes to the GST legislation require approval of the GST Council, ...
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 ...