Some of the tax revenue sources are :-
Types of Tax :
Direct Tax :
A direct tax is imposed directly on an individual's income and wealth, paid directly to the government. The tax burden cannot be shifted to others, and it is progressive, collecting more from the wealthy and less from the poor. Income Tax is an example.
Indirect Tax :
Indirect Tax is applied to those who purchase goods and services, paid indirectly to the government. The tax burden can be shifted to another party. It is levied uniformly on all individuals, regardless of wealth, and includes taxes such as excise duty, sales tax, custom duty, entertainment tax, and service tax.
Advantage of GST :
Stamp and Registration Fees
Excise Duty
Ethanol Blending Initiative in Uttar Pradesh :
Prohibition Around Pilgrimage Sites in the State :
Shop Closures on Special Occasions :
Alcohol Sales Prohibition in Specific Areas :
Uttar Pradesh is a state abundant in molasses and alcohol. Therefore, the department’s endeavour is to establish as many alcohol and molasses-based industries in the state as possible.
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1. What are the tax reforms introduced by the Government of Uttar Pradesh? |
2. How do tax reforms contribute to economic growth in Uttar Pradesh? |
3. What are the economic reforms undertaken by the Government of Uttar Pradesh? |
4. How does infrastructure development contribute to economic reforms in Uttar Pradesh? |
5. What is the impact of GST implementation on tax revenues in Uttar Pradesh? |
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