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GST stands for Goods and Services Tax, a comprehensive, multistage, destination-based tax in India. It subsumed most indirect taxes and came into effect in 2017. Learn about its formation, rules, regulations and tax slabs.
Value-added tax (VAT) is a consumption tax levied on the value added at each stage of a product's production and distribution. Learn how VAT works, how it differs from income tax and sales tax, and how it is implemented in various countries and territories.
Rashtriya e Market Service (ReMS) is a joint venture of Government of Karnataka and NCDEX spot exchange for auctioning of farmer's produce. It operates a specialized electronic trading platform called Unified Market Platform (UMP) with various features and benefits for farmers and traders.
Compare the tax revenues of different states and union territories of India from 1990 to 2019. See the data from Reserve Bank of India's "Handbook of Statistics on Indian States".
Value-added tax (VAT) is a tax levied on the value added to goods and services at each stage of production or distribution. Learn about the history, rates, and applicability of VAT in different states and union territories of India.
This amendment introduced a national Goods and Services Tax (GST) in India from 1 July 2017, replacing various indirect taxes levied by the Central and State governments. It was passed by the Parliament in 2016 and ratified by more than half of the State Legislatures in 2016.
EU VAT is a value added tax on goods and services within the European Union, regulated by EU directives and collected by member states. Learn how it works, what are the different rates, how it is coordinated across borders and how it evolved over time.
Carousel fraud is a form of missing trader fraud that involves the theft of VAT by fraudsters who exploit VAT rules in the EU. The fraud involves the movement of goods and services between companies and jurisdictions, similar to how a carousel revolves.
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