Social Sciences, asked by pranjalsoni091, 1 month ago

What is a difference between Income Tax and Excise Tax

Answers

Answered by joshisarthak499
0

Answer:

1.Income tax is imposed on a person's income while excise tax is imposed on a Country's produced goods.

2.Income tax is direct on the other hand excise is indirect.

3.Income tax are directly paid by the those who owe them while excise tax are often added to the price of goods.

Explanation:

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Answered by sonykumarankit
0

Answer:

Income tax is imposed on a person's income while excise tax is imposed on a Country's produced goods. Income tax are directly paid by the those who owe them while excise tax are often added to the price of goods.

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