The years 2016 and 2017 were the watershed years for both Indian economic and taxation perspectives on count of two reasons ...

Its grand success requires that the tax burden be moderate, coverage comprehensive, administration use cutting-edge technology, and dispute resolution swift and fair. - Issue Date: Mar 16, 2025 ...

The Constitution divided governmental levies into two mutually exclusive categories: indirect taxes subject to the uniformity requirement, and direct taxes subject to apportionment. Indirect taxes ...

With monthly gross GST collections stabilising at around Rs 1.8 lakh crore and gross direct tax ... a senior tax official said Wednesday. Central Board of Indirect Taxes and Customs (CBIC) member ...

The expert pointed out that US state sales tax ranges from 2.9% to 7.25%, whereas European nations impose VAT between 17% and ...

The GoM, comprising Bihar, Uttar Pradesh, Rajasthan, Kerala, Karnataka and West Bengal, is divided on doing away with the 12% ...

At present, among the government’s efforts to improve tax collection include the Voluntary Disclosure Programme for both direct and indirect taxes ... and Services Tax (GST) to replace the ...

Under GST, there is no distinct tariff item or service code for the supply of online gaming, including real money gaming and e-Sports. b. The details of cases registered against online gaming ...

Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the Federal indirect tax body said on ...

The government had raised the target for direct tax collection in FY24 (April 2023 to March 2024) to Rs 19.45 lakh crore, while for indirect taxes ... and Services Tax (GST) played a significant ...