Economy, asked by mhdnawaz05, 5 hours ago

examples for direct tax?​

Answers

Answered by bijaychoudhary302
4

Explanation:

Common Types of Direct Taxes in India:

  • Income Tax. The most common type of direct tax in India is income tax. ...
  • Securities Transaction Tax. ...
  • Capital Gains Tax. ...
  • Goods and Services Tax (GST) ...
  • Customs Duty. ...
  • Value Added Tax (VAT)Transfer taxes.
  • The most common form of transfer taxes is the estate tax. ...
  • Entitlement tax. ...
  • Property tax. ...
  • Capital gains tax. ...
  • Promotes equality. ...
  • Promotes certainty. ...
  • Promotes elasticity.

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Answered by indranihazra8
1

Common Types of Direct Taxes in India

Income Tax. The most common type of direct tax in India is income tax. ...

Securities Transaction Tax. ...

Capital Gains Tax. ...

Goods and Services Tax (GST) ...

Customs Duty. ...

Value Added Tax (VAT)

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