Friday, 23 June 2017

India's GST: Is it a modified Value Added Tax?


Under the Indirect taxes structure in India, indirect taxes like VAT, Excise, Service Tax, Entry Tax etc. are levied on consumption whereas the direct taxes (Income Tax) are levied on the income earned.

You can read more here: India's GST: Is it a modified Value Added Tax?

No comments:

Post a Comment

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...