Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

Unlike direct taxes, which are levied based on a taxpayer’s ability to pay, indirect taxes apply uniformly, regardless of an individual’s financial situation. As a result, lower-income ...

Income Tax Budget 2025 LIVE: The Union Budget 2025 will be read out in a couple of hours. Individuals in India pay various taxes that range from income tax to capital gains tax, Goods and ...