Volume : II, Issue : VII, July - 2013

Brunt of Taxation on Small & Medium Enterpreneurs in India

Shabana Azami, Dr Taruna Saxena

Abstract :

Taxing small and medium enterprises (SME) is a significant issue in the globalizing economy. SME are also looking for expansion and Unions like USA and European Union EU have real problems for finding the appropriate for of taxing multi state activities on one hand and easing the burden on other. The dimensions are different and the problems are different around the world. This paper is based on experience in taxing SME and some of the new changes on the European market due to expansion of the European Union. The paper will stress on the possibilities for presumptive type of taxation and home state taxation that are the most recent developments in getting these businesses in the tax net. The paper will examine the different types of taxes and the influence on the SME and will enlighten some of the ways to make satisfy both the revenue and the economic agents on the market. The legislation is a necessary regulator for protection of the business environment and security of the economic agents, for establishment of the necessary social security regulations but at the same time it hampers the business with additional expenditures and administrative obstacles, which place in different positions the SME.

Keywords :

Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Shabana Azami, Dr Taruna Saxena Brunt of Taxation on Small & Medium Enterpreneurs in India International Journal of Scientific Research, Vol : 2, Issue : 7 July 2013

Number of Downloads : 876

References :