A report by the Parliamentary Standing Committee on Finance calls for sensitivity towards taxpayers burdened by inflated tax ...

The Taxation System in India refers to the organized structure by which a government collects and manages taxes from individuals and businesses within its jurisdiction. It comprises various types of ...

The expert pointed out that US state sales tax ranges from 2.9% to 7.25%, whereas European nations impose VAT between 17% and ...

India's taxation system is an evolving structure aimed at economic growth and equitable revenue distribution. With continuous ...

Ahead of the annual budget presentation, an India-centric ... investment. Direct taxes can be in the form of income tax, capital gains tax or securities transaction tax, while indirect taxes ...

Net direct tax collections rose by a robust 13.13 per cent to Rs 21.3 trillion till March 16, 2025, boosted by a significant ...

Taxation of Freelancers And GIG Workers: Navigating Compliance In The Digital Age ...

The Constitution divided governmental levies into two mutually exclusive categories: indirect taxes subject to the uniformity requirement, and direct taxes subject to apportionment. Indirect taxes ...

This is only one of the five “red flags” being used by the government and the GST Network, which provides the IT backbone for the indirect tax. Gross GST revenue collected in April was well ...

India's net direct tax collections for the fiscal year have increased by 13.13% to over Rs 21.26 lakh crore, driven by higher advance tax collections. Corporate tax collections rose by 12.54% ...

The Reserve Bank of India, in its latest bulletin ... is estimated to be around Rs 1 lakh crore in direct taxes, and Rs 2,600 crore in indirect taxes. The RBI bulletin stated that Union Budget ...

With monthly gross GST collections stabilising at around Rs 1.8 lakh crore and gross direct tax ... a senior tax official said Wednesday. Central Board of Indirect Taxes and Customs (CBIC) member ...