Business Studies, asked by CrizMack7229, 1 year ago

Explain the difference between ‘Direct Tax’ and ‘Indirect Tax’.

Answers

Answered by shikhasharma97
0

hey mate... here's your answer:

The tax, which is paid by the person on whom it is levied is known as the Direct tax while the tax, which is paid by the taxpayer indirectly is known as the Indirect tax.

The direct tax is levied on person's income and wealth whereas the indirect tax is levied on a person who consumes the goods and services.

hope it helps

Similar questions