https://www.taxtmi.com/article/detailed?id=13111 Direct taxes (corporate and income tax) impose recordkeeping and compliance costs while offering deductions and credits that influence investment and profitability. Indirect taxes, chiefly GST and allied duties, affect pricing, cash flow and customer transactions through point-of-sale collection and input tax credit mechanisms. Businesses must coordinate planning across both regimes to manage liquidity, meet remittance obligations, avoid penalties, and optimise overall tax liabilities. en-us Fri, 15 Nov 2024 16:41:01 +0530 Fri, 15 Nov 2024 16:41:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13111 Direct taxes (corporate and income tax) impose recordkeeping and compliance costs while offering deductions and credits that influence investment and profitability. Indirect taxes, chiefly GST and allied duties, affect pricing, cash flow and customer transactions through point-of-sale collection and input tax credit mechanisms. Businesses must coordinate planning across both regimes to manage liquidity, meet remittance obligations, avoid penalties, and optimise overall tax liabilities. Articles Income Tax Fri, 15 Nov 2024 16:41:01 +0530 https://www.taxtmi.com/article/detailed?id=13111