Economics, Econometrics and Finance
3 years ago

Understanding GST: How Taxes Impact Every Indian's Daily Life

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International Journal of Engineering and Management Research
GST: An Understanding for Tax Payer
Teena Hassija

Paper Summary

The article explains the difference between direct and indirect taxes in India. Direct taxes are collected from individuals who earn profits or salaries, like Income Tax, while indirect taxes are collected from anyone who buys goods or services. Direct taxes are based on income or property, while indirect taxes are based on consumption.

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