Social Sciences, asked by seemarana1605, 6 days ago

What is a tax?
give an example of tax ​

Answers

Answered by devindersaroha43
1

Answer:

Explanation:

Direct taxes include tax varieties such as income tax, corporate tax, wealth tax, gift tax, expenditure tax etc. Some examples of indirect taxes are sales tax, excise duty, VAT, service tax, entertainment tax, custom duty etc.

Answered by sakshitamang5
1

Answer:

What is a tax?

-A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

example - Income tax, Sales tax, Property tax, Ad velorem tax and etc

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