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[10] On top of that, the extent of regressive mother nature of the indirect tax is dependent upon the type of indirect tax. Empirical evidence implies that excise taxes are generally far more regressive than check here VAT. This may be attributed to The truth that excise taxes are levied on products for instance alcohol, tobacco, and these mercha
GST interim returns: in excess of 75 for every cent eligible taxpayers waited for last working day to file returns, says Jaitley But, the dual GST regulations lowered the bounds to ₹20 Lakhs turnovers. It ensures that modest and medium organizations now need to fork out taxes. you will discover compliance strategies for their profit. But, these