Embark on a futuristic journey to the year 2050 and explore the innovative landscape of income taxation in India. Witness the era of automation with the introduction of TaxBot 2050, making tax processes entirely digital. Experience the redefined progressive taxation, environmental responsibility with green taxation, and the rise of Universal Basic Income funded by wealth tax.
In this essay, we will explore the arguments in favor of abolishing income tax in India and analyze its potential impact on the nation.
Explore the fundamental rights of equity shareholders, including voting rights, dividend entitlements, and legal protections. Understand the tax implications of equity shares in India.
Explore the complex issue of whether Corporate Social Responsibility (CSR) expenses can be claimed as Input Tax Credit (ITC) under India’s GST framework. Get insights on the intersection of CSR and tax compliance.