Benefits of New Regimes
The new tax regime has expanded the number of tax slabs and reduced rates for those earning below Rs. 15…
Is Tax Worth Paying?
A tax is a compulsory contribution to the government. It is a type of payment that does not have a…
Differences Between Direct Tax and Indirect Tax
A person has two options to pay taxes – direct tax or indirect tax. The former is more common and…
The Relationship Between Tax and Economic Growth
The relationship between tax and economic growth is complex. It can vary between countries and different forms of government. Both…
What Are the Effects of Taxation on the Economy?
The direct effects of taxation on the economy are well documented. However, the indirect effects are equally significant. The lower…
Taxation on Production
Taxation on production is a policy tool used by governments to encourage work and investment. The purpose of taxation is…