Tax reforms in IndiaIntroduction to Tax ReformsTax reforms in India aim to create a more efficient, transparent, and equitable tax system.The focus has been on simplifying the direct and indirect tax structure,…
GST: Features, benefits, and challengesIntroduction to GSTGoods and Services Tax (GST) is a comprehensive indirect tax implemented in India from July 1, 2017.It replaced multiple indirect taxes like VAT, Service Tax, Excise Duty, and…
Types of taxes: Direct and indirectIntroduction to TaxationTaxation is a primary source of revenue for the government, used to fund public services and development projects.In India, taxes are categorized into direct and indirect…