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Taxation

Direct tax is levied on an individual. In this case, the burden of the tax cannot be shifted. This type of tax is charged on taxable income earned by the individuals and corporate entities. Indirect tax on the other hand is paid for by the end-consumer of goods and services. Here, the burden of the tax can be shifted.

In India, taxes are mainly levied by the Central Government and the State Government. Apart from these, some minor taxes are also charged by local authorities like the Municipality and the Local Governments.

Videos

The Big Picture - Wooing FDI - FDI India
24 October , 2019

The Big Picture - Wooing FDI - FDI India

If India is prosperous and growth is high, FDI will come in: Abhijit Banerjee
24 October , 2019

If India is prosperous and growth is high, FDI will come in: Abhijit Banerjee

Big announcement by Finance Minister Niramala Sitharaman for FDI in this year's budget.
16 October , 2019

Big announcement by Finance Minister Niramala Sitharaman for FDI in this year's budget.

RSS Chief Mohan Bhagwat's Full Speech To The Swayamsevaks In Nagpur On Vijayadashmi
16 October , 2019

RSS Chief Mohan Bhagwat's Full Speech To The Swayamsevaks In Nagpur On Vijayadashmi

Cabinet clears 100% FDI in coal mining, associated infrastructure
28 August , 2019

Cabinet clears 100% FDI in coal mining, associated infrastructure

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