Indirect taxes are effectively a charge, levy or duty that you pay when you purchase certain items or services. You pay ...

Public health officials worry about the harmful impact of alcohol, for example, on people’s lives ... and tobacco. Indirect taxes focused on "sinful" activities such as drinking and smoking ...

While GST has been hailed as a much-needed overhaul of the indirect tax system, many SMBs across sectors - services and product alike - are wary of its impact on them. Bimal Jain, executive ...

He uses the example of washing machines to illustrate ... A tariff, then, is an indirect tax rather than a direct tax on U.S. citizens. Research by the non-partisan Tax Policy Center (TPC) and ...

One of the fundamental flaws with our revenue collection scheme has been an over-reliance on indirect taxes, primarily sales taxes in the form of the value added tax (VAT). In lieu of improving the ...

Indirect taxes (generally understood as falling on ... among the states on the basis of population (so that, for example, a state with twice the population of another state would have to pay ...

"In the space of indirect tax, we should be expecting an expansion of industry [based on global presence], for example, gaming, racing, exotic clubs, etc, and resultant expansion of sin tax on ...

As the Union Budget 2025 approaches, it is crucial to understand how the government earns its revenue from taxes and non-tax ...

The indirect tax management market is expected to develop at a high 11.8% CAGR between 2023 and 2033, reaching USD 5.744 ...

It includes both direct taxes and indirect taxes. For example, if a government collects Rs. 10 lakh crore in taxes from all sources in a fiscal year, this would represent its gross tax receipts.