A substantial part of the government's revenues come from taxes - direct and indirect. The direct tax is the income tax that companies and individuals pay on their annual income. In India, the income tax payers are a small proportion of the total population but indirect taxes are paid by nearly everyone on a daily basis. From buying milk to taking a taxi ride to shopping and eating at a restaurant, the government currently charges taxes either in ...
05-31-2017, 12:03 AM
GST impact on eating out
A substantial part of the government's revenues come from taxes - direct and indirect. The direct tax is the income tax that companies and individuals pay on their annual income. In India, the income tax payers are a small proportion of the total population but indirect taxes are paid by nearly everyone on a daily basis. From buying milk to taking a taxi ride to shopping and eating at a restaurant, the government currently charges taxes either in ...
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