Economy, asked by niharikapatidar, 1 year ago

What do you know about the direct and indirect tax

Answers

Answered by Anonymous
2
↪Heya
⭐⭐here's your answer....⭐⭐
⭐Direct Taxes: The taxes which are payed directly to the government. For eg. income tax.
⭐Indirect Taxes: The taxes which are payed indirectly to the government. For eg. Value Added Tax ( VAT).
↪hope it helps...✌✌
Answered by nickycaitlynp95i2u
0
Direct Taxes, as the name suggests, are taxes that are directly paid to the government by the taxpayer. It is a tax applied on individuals and organizations directly by the government e.g. income tax, corporation tax, wealth tax etc.

Indirect Taxes are applied on the manufacture or sale of goods and services.
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