There are two types of taxes - direct and indirect. Direct tax is what we pay directly to the government. But what about indirect tax? Indirect tax is a kind of tax that can move from one place to ...

One of the fundamental flaws with our revenue collection scheme has been an over-reliance on indirect taxes, primarily sales taxes in the form of the value added tax (VAT). In lieu of improving the ...

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 ...

Indirect taxes (generally understood as falling on ... Constitutional Convention (“Mr King asked what was the precise meaning of direct taxation? No one answd.”), have argued that “direct ...

These taxes are typically progressive, meaning higher-income earners pay ... 4.5 lakh is a direct tax receipt for the government. Indirect Tax Receipts:Indirect taxes are imposed on goods and ...