give two examples for direct and indirect tax
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hii friend!!
The person who bears Income tax and deposits the tax with the government is the same person i.e. the person who earns income. On the other hand, VAT, Excise duty etc are examples of Indirect taxes.
hope u got me
The person who bears Income tax and deposits the tax with the government is the same person i.e. the person who earns income. On the other hand, VAT, Excise duty etc are examples of Indirect taxes.
hope u got me
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Direct tax- wealth tax corporation tax.
Indirect tax- excise duty custom duty and sales tax.
Indirect tax- excise duty custom duty and sales tax.
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