Indirect Taxes

2021 ◽  
Vol 56 (11) ◽  
pp. 118
Author(s):  
Anon Anon
Keyword(s):  
Indirect Taxes

GST - Sway On Small Scale Industries

2019 ◽  
Vol 118 (10) ◽  
pp. 365-372
Author(s):  
Jayanti.G ◽  
Dr. V.Selvam
Keyword(s):  
State Government ◽  
Tax Reform ◽  
Small Scale ◽  
Tax Revenue ◽  
Tax System ◽  
Goods And Services ◽  
Single Tax ◽  
The People ◽  
Indirect Taxes ◽  
The Government

India being a democratic and republic country, has witnessed the biggest indirect tax reform after much exploration, GST bill roll out on 1 April 2017.  The concept of this reform is for a unified country-wide tax reform system.  Enterprises particularly SMEs are caught in a state of instability.  Several taxes such s excise, service tax etc., have been subsumed with a single tax structure. it is the responsibilities of both centre and state government to shoulder the important responsibility to cater the needs of the people and the nation as a whole.  The main basis of income to the government is through levy of taxes.  To meet the so called socio-economic needs and economic growth, taxes are considered as a main source of revenue for the government.  As per Wikipedia “A tax is a mandatory financial charge or some other type of levy imposed upon tax payer by the government in order to fund various public expenditure”   it is said that tax payment is mandatory, failure to pay such taxes will be punishable under the law.   The Indian tax system is classified as direct and indirect tax.   The indirect taxes are levied on purchase, sale, and manufacture of goods and provision of service.  The indirect tax on goods and services increases its price, this can lead to inflationary trend.  Contribution of indirect taxes to total tax revenue is more than 50% in India, therefore, indirect tax is considered as a major source of tax revenue for the government, which in turn is one of source for GDP growth.  Though indirect tax is a major source of revenue, it had lot of hassles.  To overcome the major issues of indirect tax system the government of India subsumed most of the indirect tax which in turn gave birth to the concept called Goods and Service Tax.

THE DEVELOPMENT OF TAXATION IN THE BIBLE: IMPROVEMENTS IN COUNTING, MEASUREMENT, AND COMPUTATION IN THE ANCIENT MIDDLE EAST

1998 ◽  
Vol 25 (2) ◽  
pp. 63-80 ◽  
Author(s):  
Manuel L. Jose ◽  
Charles K. Moore
Keyword(s):  
Middle East ◽  
Historical Development ◽  
Income Taxes ◽  
Property Taxes ◽  
The Bible ◽  
Indirect Taxes ◽  
Special Assessment ◽  
The Impact

This paper traces the development of five taxation types in the Bible — income taxes, property taxes, special assessment taxes, poll taxes (all direct taxes), and indirect taxes. The development of these taxes is discussed within the context of Israel's historical development. The impact of counting, measurement, and computation on the development of taxation is also considered.

The Fiscus in the First Two Centuries

1963 ◽  
Vol 53 (1-2) ◽  
pp. 29-42 ◽  
Author(s):  
Fergus Millar
Keyword(s):  
Public Finance ◽  
Economic Factors ◽  
Actual Working ◽  
Alternative State ◽  
Indirect Taxes ◽  
Administrative Unit ◽  
Administrative Innovations

The early Principate tends to be interpreted in terms of the constitutional forms in which it was clothed and the administrative innovations which it brought, to the neglect of those, largely unchanged, social and economic factors which shaped the actual working of Roman politics. In no area has this tendency been more obvious than in works dealing with the Fiscus, which has thus been seen as an alternative ‘state treasury’ created at a given moment, by Augustus, perhaps in 21 or 20 B.C., by Tiberius, or by Claudius, which absorbed the revenues of the imperial provinces, and some indirect taxes. It is also seen as an administrative unit (like a Treasury, or a University Chest) concerned with the handling of an area of public finance.

Indirect Taxes - GST

2020 ◽  
Vol 55 (3) ◽  
pp. 113
Author(s):  
Anon Anon
Keyword(s):  
Indirect Taxes

Indirect Taxes

2021 ◽  
Vol 56 (2) ◽  
pp. 121
Author(s):  
Anon Anon
Keyword(s):  
Indirect Taxes

Preferences, Tax Structure and Tax Reform: Theory and Evidence

1975 ◽  
Vol 3 (1) ◽  
pp. 56-69 ◽  
Author(s):  
Shlomo Maital
Keyword(s):  
Tax Reform ◽  
Tax Structure ◽  
Indirect Taxation ◽  
Tax System ◽  
The Past ◽  
Pure Public Good ◽  
Indirect Taxes ◽  
Current Shift ◽  
Optimal Tax Structure ◽  
The U.S

When the structure of tax revenues–the proportion of revenues earned by income, consumption and wealth taxes–is treated as a pure public good, a useful framework emerges for analyzing interrelationships among taxpayers' preferences, tax structure and tax reform. The “optimal” tax structure is defined and used to outline several conjectures about the current shift from direct to indirect taxation, evident particularly in Europe. Attention is then focused on the U.S. tax system. The structure of the tax system is shown to have changed very little in the past two decades. In contrast, interview surveys carried out over the past thirty years indicated a long-standing shift in taxpayers' preferences toward indirect taxes. Implications are drawn regarding tax reform.

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