Economy, asked by komalpannu522, 1 day ago

Explain the basis of classifying taxes into direct and indirect tax. Give examples.​

Answers

Answered by shravanpradhan180
2

Explanation:

Direct tax refers to those taxes which are imposed on property and income of individuals and companies and are paid directly by them to the government. For example, income tax the tax burden cannot be shifted to any other person. ... Indirect taxes are those taxes in which the tax burden can be shifted to another person.

Hope it helps you

Similar questions