Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, wealth tax, and capital gains tax, wherein individuals with greater income ...

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

This is different to direct taxes which you pay based on your income and, potentially, your wealth, such as income tax, capital gains tax and inheritance tax. Indirect taxes typically fall into ...

A comprehensive analysis of goods and services tax (GST) in India. Abstract. In the midnight of June 30-july 1, 2017, India ...

The lesson of history is that the aggregate demand plays an important role in sustaining the level of economic activity.

This Bill is a much-awaited comprehensive overhaul of a gargantuan piece of complex legislation which should be ...

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 ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government.