Question

Mention the 2 types of taxes.

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Answer 1

Answer:

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Answer: There are primarily 2 significant types of taxes – Direct and indirect taxes.

Direct taxes include interest tax, income tax, wealth tax etc.,

Indirect taxes include excise duties, customs duties, sales tax etc.,

Answer 2

Hey mate here IS your answer

Types of Taxes:

There are two types of taxes namely, direct taxes and indirect taxes. ... You pay some of them directly, like the cringed income tax, corporate tax, and wealth tax etc while you pay some of the taxes indirectly, like sales tax, service tax, and value added tax etc.