It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...
The Goods and Services Tax (GST), introduced in 2017, has been good intention undone by poor implementation. How can it be reformed?
A critical aspect of evaluating the flat tax system in India is understanding its fiscal feasibility and the steps necessary for its implementation. Given that India’s direct tax-to-GDP ratio hovers ...
Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...
The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...
A well-structured, targeted tax relief system is crucial to enhance economic inclusivity, stimulate demand, and position India as a globally competitive market ...
Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation. She ...
Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...
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Lower GST burden? Average tax rate falls from 15.8% to 11.3%, reveals FM Nirmala SitharamanFinance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
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