TAX ENVASION AND LOOPHOLES IN PAN MASALA MANUFACTURER INDUSTRY A LEGAL ANALYSIS OF INDIA’S INDIRECT TAX FRAMEWORK by Sadhvi
Author: Sadhvi, Student at Symbiosis Law School, Noida ABSTRACT In an economy where there is a mix of capitalism and socialism, India stands readily affected by it. The middle class is weary of taxes and thus look for loopholes to gain profit and sustain themselves. The most profitable in this case is the Pan Masala Manufacturing Industry. Exploiting of gaps in the constitutional structure, this article undergoes legal analysis of…