Geography, asked by preetham40, 11 months ago

what is the difference between income tax and excise duty​

Answers

Answered by prashanth2464167
1

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.

Explanation:

Answered by Anonymous
1

{\huge{\boxed{\mathbf{\green{♡ANSWER♡}}}}}.

\red\longmapsto\: Income tax is levied on the individual earnings of people.

\red\longmapsto\: Excise duty is levied on goods manufactured in industries and factories.

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