... is tax where the liability as well as the burden to pay it resides in the same individual.
Answers
Answered by
0
Answer:
no
Explanation:
tax is different for eaxh and every citizen depending on his or her salary.
as per the financial rule the person has to pay a certain way tax depending on his income
Answered by
1
Direct taxes is the tax where the liability as well as the burden to pay it resides on the same individual.
Explanation:
- Direct taxes are paid directly to the govt. by a taxpayer. Direct taxes are founded upon the concept of capacity to pay. This economic principle states that those who have more resources or earn higher incomes should be taxed more.
- The ability to charge taxes is one way a nation's wealth can be redistributed. Direct taxes cannot be passed on to another entity/person; the organisation/ individual to whom or to whom the direct tax is levied upon is accountable/responsible for the full payment of the tax.
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