give two examples for direct and indirect tax
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direct taxes : these taxes are imposed on taxpayer and is paid by the taxpayer directly to government
examples : income tax, property tax
# indirect taxes : these taxes are collected by intermediaries like retailers from ultimate taxpayer i.e consumers.
examples: VAT, custom duty
examples : income tax, property tax
# indirect taxes : these taxes are collected by intermediaries like retailers from ultimate taxpayer i.e consumers.
examples: VAT, custom duty
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