Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government.

You don’t just pay tax on your earnings and wealth – you’ll also pay indirect tax as part of your everyday, regular spending – but you might not realise it. These types of tax won’t come ...

New Delhi, Feb 1 (PTI) For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 ...

Personal income taxes, combined with net indirect taxes (indirect taxes minus government subsidies), now exceed 20% of private consumption spending, the highest level on record. However ...

As India gears up to claim the 4th spot among the world’s largest economies by 2025, there is a pressing need to refine its tax regulations, particularly in the domain of indirect taxes with a ...

New Delhi [India], February 6 (ANI): The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank. The report ...

Union Finance Minister Nirmala Sitharaman presented the eighth budget of the Modi government in Parliament today. Here are ...

Budget 2025 expectations: Rationalization of Customs tariff rates is critical; we had seen the previous Budget review Customs duties on items such as mobile phones, gold, and silver. Budget holds ...