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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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Public Finance and Public Revenue

Public Finance, Public Revenue, and Tax Revenue: A Comprehensive Study

Introduction Economics is not only about markets and private enterprises; it is equally about the role of the government in mobilizing resources, spending them effectively, and influencing the economic structure of a nation. This role of the government is understood through Public Finance. Within public finance, two core concepts stand out—Public Revenue and Tax Revenue….

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