Understanding the Tax Structure in India
The tax system has existed since ancient times, with farmers and landlords required to pay taxes in the form of cash, gold, silver coins, etc. As India progressed, and particularly during British rule, the tax system began to take a more structured form. The government started imposing taxes to make necessary amendments, create new structures, […]
Impact Of GST On Vehicle Loans In India
The introduction of the Goods and Service Tax (GST) on the 1st of July, 2017, marked a significant turn in the financial sector of India, ultimately revamping the existing tax structure. Many industries, including the automobile industry, experienced noticeable changes under GST, particularly in the context of vehicle loans. Before the introduction of GST, different […]
