Keyword : Indirect Taxes

GST bill passed: India looks set for its biggest ever tax reform

The Rajya Sabha on Thursday passed The Constitution (122nd Amendment) Bill, 2014 (GST), ending years of political wrangling and raucousness.  GST is ess

Is runaway taxation stifling the Indian economy?

An archetypal Indian, let us call him Ram Lal, pays water tax, municipal tax, road tax, house tax, sales tax, central sales tax, professional tax, value added tax, octroi,  service tax

Indirect taxes must equal direct taxes: Expert

 “Out of the total taxes collected in the country, 65% is collected as indirect taxes and only 35% are direct taxes. This ratio is completely opposite to the taxation in developed world



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