Home » indirect taxes india

Tag: indirect taxes india

Advanced Taxation Concepts

Advanced Taxation Concepts: Tax Haven, Pigouvian Tax, Tobin Tax, Transfer Pricing, and More

Admin010 mins

Introduction Taxes play a crucial role in government revenue, redistribution of wealth, and regulation of economic activity. Beyond traditional taxes like income tax, corporate tax, or GST, modern economies employ advanced taxation concepts and mechanisms to address global business practices, environmental concerns, and financial stability. This article explains key terms and concepts including Tax Haven,…

Read More
sources of revenue in India

Sources of Revenue in India: Union and State Sources Explained

Admin012 mins

Introduction Revenue generation is the backbone of government functioning, enabling it to finance developmental activities, welfare schemes, defense, infrastructure, and administrative operations. The Indian Constitution provides a clear framework for revenue collection, ensuring financial autonomy for both the Union (Central) Government and State Governments. Revenue in India is broadly classified into tax revenue and non-tax…

Read More