Give any two examples of Direct & indirect taxes
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direct-
income tax
property taxes
taxes paid in restaurants
indirect-
includes service tax
VAT
income tax
property taxes
taxes paid in restaurants
indirect-
includes service tax
VAT
Bhavs3:
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Direct= corporation tax, income tax, wealth tax,others.
Indirect= excise duty,custom duty,service tax VAT,CST.
Indirect= excise duty,custom duty,service tax VAT,CST.
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