Name any two taxes paid by people?
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Answer: Taxes which are paid directly by individuals and organisations to the government of India come under Direct Tax. Taxes which are paid under Direct Tax include, Personal Income Tax, Capital Gains Tax, Securities Transaction Tax, Perquisite Tax, Corporate Income Tax, Marginal Tax, Rate Tax on Agricultural.
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Answer:
The two taxes paid by people are:
- Direct Taxes.
- Indirect Taxes.
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