indirect tax

But for less well-off households, a greater share of family income goes on taxes on spending, known as indirect taxes.

These "indirect taxes" are shown in the blue areas in each bar.

"We believe that we must take our foot off the agricultural sector," he said, citing "inefficiencies from the creation of direct and indirect taxes" on the sector.

The company projected over $750 million in direct and indirect tax revenue from the proposed tax breaks and those approved in 2014.

In the past, all states would raise revenues through indirect taxes which gave them the financial freedom to make their own policies - such as the mid-day meal scheme in Tamil Nadu.