Paper 8: Indirect Tax Laws
Taxation is one of the core subjects in the Chartered Accountancy course.
Moreover, the significance of the subject is that at two levels of CA course we have a paper on Taxation.
An indirect tax (such as sales tax, per unit tax, value added tax (VAT), or goods and services tax (GST)) is a tax collected by an intermediary (such as a retail store) from the person who bears the ultimate economic burden of the tax (such as the consumer).
The intermediary later files a tax return and forwards the tax proceeds to the government with the return.
An indirect tax may increase the price of a good to raise the price of the products for the consumers.
About the Teacher
Firstly, he started teaching his classmates while pursuing charted accountancy course.
Furthermore, he established Farooq Haque Classes, in the year 1998, with the sole purpose of revolutionizing the way CA, CS and CMA course is taught.
He established Farooq Haque Classes, in the year 1998, with the sole purpose of revolutionizing the way CA, CS and CMA course is taught. Since then he has taught more than 32,500 + students and the most complicated subjects of Direct Taxes, Indirect taxes and Business and corporate laws.
Moreover, in last 17 years, his students have not only excelled in their examinations (Highest being 1st All India Rank in CA-Final), but also in their professional lives. Large numbers of his students are placed in top managerial positions in Indian and Multinational companies across the globe.
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