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No result found! Clear search 1. Overview of Goods and Services Tax (GST) 1. What is Goods and Services Tax(GST)? It is a destination-based tax on the consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous […]
A brief introduction to the fat tax, which is particularly liable for food types that are not suitable for large-scale consumption. The Kerala government has introduced the Fat tax for the first time in the state to slow down junk food consumption. The revenue generated from this tax will be used for the development of […]
These types of taxes paid on Consumption by the consumer but they do not pay directly to the government (unlike income tax). For example, We pay VAT and other taxes on purchasing a product.
The salaried class has a lot of expectation from the first budget of finance minister Arun Jetly. The Indian Chartered Accountant of India (ICAI) has recommended that the tax should be tax free on the income up to 3 Lakhs.
