Taxes may be classified in various types on different basis, such as the form, nature, aim and method of taxation. The most important classification are: 1. Direct and Indirect taxes. 2. Specific and Ad-valorem taxes. 3. Proportional, Progressive, Regressive and Degressive taxes. 1. Direct and Indirect Taxes: Taxes are of two kinds- Direct and Indirect. […]
Tax Types: Types of Taxes (With Advantages and Limitations)
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Goods and Service Tax (GST) in India
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In this article we will discuss about Goods and Service Tax (GST) in India:- 1. Subject-Matter of GST 2. Design of GST on First Discussion Paper 3. Rate Structure 4. Tabling of the GST Bill and Empowered Committee. Subject-Matter of GST: On 10th November, 2009 the Empowered Committee of State Finance Ministers, in presence of […]
Essay on Indian Tax Structure
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In this essay we will discuss about Indian Tax Structure. After reading this essay you will learn about: 1. Introduction to Indian Tax Structure 2. Features of Indian Tax Structure 3. Suggestions for improving 4. Reforms and Measures. Contents: Essay on the Introduction to Indian Tax Structure Essay on the Features of Indian Tax Structure […]