Introduction of GST is going to be the most important tax reform in independent India whereby a host of indirect taxes (central as well as state) shall be subsumed is one tax i.e. GST. GST assumes significance because of the fact that once introduced, it will become the largest source of ta....

Tax on services is an indirect tax and though being 20 years old is still a relatively a new concept in India. Government of India had introduced the levy of Service Tax, i.e., tax on the services for the first time in 1994, borrowing the concept from foreign countries. The basic purpose fo....


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