Tax System In India News

Politics

Bringing back the local in the national tax regime

A single GST rate of 12% would work if the centre and states share 1/6th of this with local bodies, leading to an urban revolution

11 min read15 Jan 2019

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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