Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...
Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...
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 ...
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 lesson of history is that the aggregate demand plays an important role in sustaining the level of economic activity.
The upcoming budget presents a crucial opportunity to refine indirect tax policies, boost revenue generation, and foster ...
The FM has retained the effective tax rate of most products to the pre-budget rates by balancing through the AIDCess, notes ...
The court reinforced that indirect taxes cannot be imposed on duty-free shops as they function beyond Indian customs limits.
Digital goods are currently taxed in 31 states. The large market states where such products and services are generally not subject to tax, ...