Understand how direct and indirect taxes differ in imposition, collection, and legal framework. The article highlights governing laws, authorities, and landmark Supreme Court rulings shaping tax ...

As Finance Minister Nirmala Sitharaman prepares the Union Budget 2026-27, tax data reveals a significant shift. Direct tax collections have surged, surpassing indirect taxes as the government's ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The Indian taxation system can be ...

The Budget keeps tax rates unchanged while introducing structural reforms to improve certainty and predictability. The key takeaway is stability paired with targeted simplification to reduce ...