VAT, or Value Added Tax, is a consumption tax levied on goods and services. It is charged at each stage of production and distribution. Businesses collect VAT from customers and remit it to the government. This tax system aims to generate revenue while promoting fairness. VAT rates can vary by country. In India, it has been replaced by the Goods and Services Tax (GST).
Forests are vital components of Earth's ecosystems, providing numerous ecological, economic, and social benefits. Effective management and conservation...