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Tax is collected in terms of money or cash. Learn more about different types of Tax such as Income Tax, Payroll Tax, Capital Gains Tax, Sales Tax, Estate Tax, Corporate Tax, Property Tax and more.

Taxes are classified into two types such as direct and indirect. Direct tax is levied directly on a person's profits or income whereas indirect taxes are levied on services or goods. Know Why Taxation Service is Beneficial For Everyone? https://bit.ly/3b22qYC

GST Registration is a process of registration with the GST (GST) Goods and Services Tax (GST) department, GST is an indirect tax levied on most goods and services sold for domestic consumption. Consumers pay GST, but it is passed on to the government by businessmen selling products and services. Primarily, GST generates revenue for the government.

Goods and Services Tax (GST) - The GST bill was passed in the Lok Sabha on 6 May 2015. The concept of GST has been looted and developed in India for more than a decade. With the GST bill being passed in the Lok Sabha, it now has to be presented in the Rajya Sabha. After being approved by Rajya Sabha, the Bill will trigger the rollout of GST in April 2016, which will change India's indirect taxation system. This article reviews some of the major benefits of GST implementation in India for startups and small businesses.