All tax profits is subject matter to economic cycles and altering taxpayer habits, but indirect taxes, like broad-based usage taxes, tend to be more stable than taxes that target a slim tax foundation, such as cigarette people who smoke. products and providers Tax (GST) is a single tax levied on merchandise and products and services from manufactu

[10] Additionally, the extent of regressive character of an indirect tax depends upon the sort of indirect tax.  Empirical proof suggests that excise taxes are generally speaking a lot more regressive than VAT. This could be attributed to the fact that excise taxes are levied on products such as Alcoholic beverages, tobacco, and these merchandise