Economy, asked by beerusbrahma, 11 months ago

four difference between direct taxes and indirect taxes​

Answers

Answered by ajeetsinghats4
1

Explanation:

Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.

Answered by NirnoyCuber
2

The 4 Differences Are:-

Direct taxes are non transferable while indirect taxes can be transferred from one person to another

The whole burden is one person in Direct taxes but the it can be transferred in indirect taxes

Direct tax is paid by companies or individuals but indirect tax is levied on goods and services

Direct tax reduces inflation whereas indirect tax enhances inflation.

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