Question

what are your views on Indian Government Tax policies?​

Answer 1

Answer:

The tax structure in India is divided into direct and indirect taxes. While direct taxes are levied on taxable income earned by individuals and corporate entities, the burden to deposit taxes is on the assessees themselves.

Answer 2

Indian Government Tax policies are very smartly designed and are regressive in nature.

Explanation:

• Indian government taxation policies are a mixture of direct and indirect taxation.
• The policies are generally regressive in nature which means that the burden is shifting with a shift in the income of the person.
• Taxes are imposed on the wealth, income, as well as property of a citizen in India. The GST regime has made the tax structure less complex but it has increased the burden on taxpayers.
• A bit of concession should be allowed to the poor people in the inflated economy where buying even the bare minimum is difficult.