write any two differences between direct taxes and indirect taxes
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Key Differences Between Direct andIndirect Taxes. ... The direct tax is levied on person's income and wealth whereasthe indirect tax is levied on a person who consumes the goods and services. Theburden of the direct tax is non-transferable while that of indirect tax is transferable.
swetabhagat67:
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direct tax
is lived on persons income
burden of tax cannot be shifted
indrect tax
is lived on a person who consumes goods and servoces
burden of tax can be shifted
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