10 Main Features of Indian Tax Structure

This article throws light upon the ten main features of Indian tax structure. Some of the features are: 1. The Scientific Division of Tax Powers 2. Multiplicity of Tax Structure 3. Larger share of Indirect Taxes 4. Insufficient Tax Revenue 5. Greater Importance to Sate Government in Federal Fiscal System 6. Incidence of Taxation 7. Progressiveness in Tax Structure 8. [...]