which of the following is a direct tax
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Answer:
Direct tax is a tax directly paid to the government by the individuals or organizations on whom it is imposed. The main examples of Direct Taxes are Income Tax, Gift Tax, Wealth Tax, Property Tax etc.
Which among the following is a direct tax? Notes: Direct tax is a tax directly paid to the government by the individuals or organizations on whom it is imposed. The main examples of Direct Taxes are Income Tax, Gift Tax, Wealth Tax, Property Tax etc.
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Explanation:
example
Description: In the case of direct tax, the burden can't be shifted by the taxpayer to someone else. These are largely taxes on income or wealth. Income tax, corporation tax, property tax, inheritance tax and gift tax are examples of direct tax.