We are aware that companies deduct TDS/TCS, and if we exceed the exemption limit in any criteria, TDS/TCS will be applicable to us. Why? Because the Indian government has announced that if a person surpasses the exemption limit of earnings, they are liable to pay tax on that amount. Consequently, […]
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FEATURES OF INDIRECT TAXES
If we take India in the taxes one of the important sources of revenue and only in the world wide indirect tax is the major source of tax revenue and it continues to grow because many countries are actually shifting to the consumption tax regime, (a)In India more than 50 […]
Continue readingINTRODUCTION TO GST IN INDIA
(A)GST IN INDIA AN INTRODUCTION *background of taxes:-if you take any country it is actually the responsibility of the government to fulfill the increasing devolvement needs of its people and how the government can fulfill them by getting all public expenditure.If you take in India:-India is still a developing economy […]
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