India launches TIWB in Seychelles

Though India has introduced far-reaching reforms in the domains of both direct and indirect taxes, it remains largely a tax non-compliant society as evident from the low tax-to-GDP ratio. Analyze. (250 Words)

Approach:

• Introduce by giving a definition of direct and indirect tax.
• Enumerate the reforms taken by the Government to improve tax compliance
• Enumerate the reasons of low tax compliance in India
• Way Forward and Conclusion