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Indirect Tax

Indirect Tax

The purpose to levy taxes is that they create the basic source of revenue to the government, revenue so raised is put to use for meeting the expenses of government like defense, provision of education, healthcare and building infrastructure in the country and for many other purposes. This post explores the Indirect Tax system of […]

Stamp Duty Over A Property In India

Stamp Duty Over A Property In India

Overview Possession is not sufficient for physical transfer of property as one also needs legal ownership of the said property. For ownership you need registration. At the time of registration, a person has to pay a government tax called stamp duty levied on property transaction. Stamp duty is a tax collected by the government and […]

Goods and Services Tax Law

Goods and Services Tax Law

Overview: India being a federal State, there is a division of powers between centre and state. To fulfil their duties they collect resources by applying tax differently. So there is multiple tax system in our nation. But multiple tax system has created a lot of burden on consumers and made everything complicated. To make tax […]

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