the scheme of direct taxes with the introduction of ‘Equalisation Levy'. As the Finance Minister explained, the measure …

from a micro level examination of corporate decisions relating to an amalgam of commodity taxes, transactional taxes etc …. to a macro level analysis of the impact of business taxes, fiscal policies and other related avenues for strategic …

taxation by way of exemption from local tax or granting credit of taxes paid in the other country. In order to ensure that …

As the name suggests, “Consignment Taxes” imply taxes on consignment. In India these are also colloquially understood … as taxes on ‘stock-transfer' of goods which is how most consignment of goods are effected in the country. These … and consignment taxes have virtually remained still-born in India. It is only ironical that a discussion on Consignment …

Amendment Bill, in terms of its “Statement of Objects and Reasons” is to “replace a number of indirect taxes being levied by the … Union and State Governments and is intended to remove cascading effect of taxes and provide for a common national market for … indirect taxes in India so as to seek a theoretical as well as pragmatic appraisal of the changes envisaged under GST. The idea …