What is Value Added Tax? Advantages

Table of Contents1 What is Value Added Tax?2 Advantages of Value Added Tax (VAT)2.1 Coverage2.2 Revenue Security2.3 Selectivity2.4 Coordination of VAT with Direct Taxation What

Types of Custom Duty

Table of Contents1 Types of Custom Duty1.1 Basic Duty1.2 Additional Duty1.3 Anti Dumping Duty1.4 Protective Duty1.5 Duty on Bounty Fed Articles1.6 Export Duty Types of

Unit Trust of India

Table of Contents1 Establishment of Unit Trust of India2 Objectives of Unit Trust of India3 Functions of Unit Trust of India4 Types of UTI Funds4.1

What is Indirect Taxes? Advantages, Disadvantages, Differences

An indirect tax is levied on and collected from a person who manages to pass it on to some other person or persons on whom the real burden of tax falls. For e.g. commodity taxes or sales tax, excise duty, custom duties, etc. are indirect taxes.

Reverse Mortgage Loan (RML)

Table of Contents1 What is Reverse Mortgage Loan?2 What is Mortgage?3 What is a Reverse Mortgage?4 Why it is called “Reverse”?5 Advantages of Reverse Mortgage6