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Indirect Taxes in India

Indirect Taxes in India: Meaning, Types, Features, and Detailed Explanation

Introduction Taxation is one of the most important pillars of any nation’s economy, as it provides the government with the financial resources necessary to run the administration, build infrastructure, provide public services, and maintain law and order. Broadly, taxes in India are categorized into Direct Taxes and Indirect Taxes. Indirect taxes have undergone a significant…

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types of tax in India

Types of Tax in India: A Comprehensive Analysis

Introduction Taxation is the backbone of any government’s revenue system. In India, taxes are the primary source of funding for development projects, welfare schemes, administration, and defense. The Indian tax system has evolved significantly since independence, moving from a complex web of colonial-era levies to a more structured and technology-driven framework today. Broadly, taxes in…

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