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
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