Question

are all paper taxes direct taxes?

Answer 1

Aɴsᴡᴇʀ :

Some examples of direct tax: Income tax: Income tax is paid by an individual based on his/her taxable income in a given financial year. Taxable income refers to total income minus applicable deductions and exemptions.The Budget estimate of the government's income tax revenue for the year 2020-21 was Rs 6,25,000 crore. The revised estimates of income tax for the 2019-20 Budget came at Rs 5,47,000 crore, while the actuals for the 2018-19 Budget stood at Rs 4,61,487 crore.

IᴛᴢSᴡᴀɢBᴀʙᴇ ❤︎

Answer 2

Answer:

Explanation:

cmmenced business with cash rs 1000