what do you know about the direct and indirect tax
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Hello friend..
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What is direct tax?
Direct tax is generally levied on a persons income and wealth and is paid directly to the government. Though income tax is the most common form of direct tax, a number of tax components fall under this category
What is indirect tax?
Indirect Tax is generally charged on goods and services that a person consumes and is paid indirectly to the government.
Indirect tax includes: sales tax, Value Added Tax (VAT), excise duty, custom duty, Securities Transaction Tax (STT) and service tax.
Hope it helped you
=KANISHKA
Here's Your Answer
What is direct tax?
Direct tax is generally levied on a persons income and wealth and is paid directly to the government. Though income tax is the most common form of direct tax, a number of tax components fall under this category
What is indirect tax?
Indirect Tax is generally charged on goods and services that a person consumes and is paid indirectly to the government.
Indirect tax includes: sales tax, Value Added Tax (VAT), excise duty, custom duty, Securities Transaction Tax (STT) and service tax.
Hope it helped you
=KANISHKA
Dheeeraj:
I want indirect tax alsoPlz help me
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this is your answer......
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