Google, IBM & Meta Certificates — All 10,000+ Courses at 40% Off
One annual plan covers every course and certificate on Coursera. 40% off for a limited time.
Get Full Access
This lecture explores the concept of Goods and Services Tax (GST) and examines the fundamental differences between direct and indirect taxation systems in part 4 of the series. Learn about the structural components of GST implementation, how it differs from traditional tax frameworks, and understand the economic implications of both direct taxes (levied directly on income and wealth) and indirect taxes (collected through intermediaries on goods and services). Delve into practical applications and theoretical foundations of modern taxation principles as presented by NPTEL-NOC IITM.
