What is Tax to GDP Ratio in India?
When one needs to assess how well a country’s government uses its economic resources through taxes, one of the key metrics used is the tax to GDP ratio. As the…
When one needs to assess how well a country’s government uses its economic resources through taxes, one of the key metrics used is the tax to GDP ratio. As the…
When you first deal with taxes yourself, it’s one of those moments that makes you realise, “Wow, I’m a real grown up now!” But all that excitement starts to slowly…
What is GST? Due to the various types of indirect taxes levied on consumers and businesses, many felt the need for a unified tax system. It was the government led…
The Income Tax Act of 1961 specifies various tax exemptions and deductions available to taxpayers in India. These exemptions and deductions can help reduce your overall tax liability, but they…
Albert Einstein once said, “The hardest thing to understand is the income tax.” While he was only joking, there is some truth in the statement. Every year, people face many…
Taxes play an essential role in the functioning of a country, and it is the responsibility of every citizen to pay their fair share of taxes. By paying taxes, you…