New Delhi, Feb 1 (PTI) For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 ...
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 tax regulations, particularly in the domain of indirect taxes with a ...
According to the Budget documents, 66 paise of each rupee will come from direct and indirect taxes, with significant contributions from income tax (22 paise) and corporate tax (17 paise).
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 paise will come from ...
Union Budget 2025-26: Finance Minister Nirmala Sitharaman announced a range of taxation changes, including for both direct and indirect tax. As part of the indirect taxes, FM Sitharaman announced ...
While expectations on indirect tax changes announced as part of the Union Budget proposals have reduced over the years, this year’s Budget comes at a very important juncture of the Indian economy.
Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...
In a recent decision, California’s Third Appellate Division held that a foreign automobile manufacturer could be haled into a state court ...
Personal income taxes, combined with net indirect taxes (indirect taxes minus government subsidies), now exceed 20% of private consumption spending, the highest level on record. However ...
Congress Party on Thursday intensified its criticism of the government’s Goods and Services Tax (GST) system, labeling it as “tax terrorism” detrimental to businesses and consumers alike.