Accountancy, asked by QweenRani5561, 1 year ago

Reforms in direct and indirect taxes in india

Answers

Answered by Ratnesh1231
1
Direct taxes are considered to be progressive because they are based on the ability to pay besides they help in reducing income and wealth inequalities. On the other hand,indirect taxes are collected by the government from an intermediary and are applied on the manufacture or sale of goods and services.

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