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what is direct tax & indirect taxes
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what is direct tax & indirect taxes Related: History of Income Tax in...
A direct tax is a type of tax that is paid directly by an individual or organization to the government, based on their income, property, or wealth. Examples of direct taxes include income tax, property tax, and estate tax. Unlike indirect taxes, such as sales tax, which are added to the price of goods and services, direct taxes are paid directly by the taxpayer to the government. Direct taxes are used by governments to fund public services, infrastructure, and other government programs.
Community Answer
what is direct tax & indirect taxes Related: History of Income Tax in...
Direct tax means the tax which we pay directly to the government for example land tax
indirect tax means the tax which we through the goods
for example on food products etc
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what is direct tax & indirect taxes Related: History of Income Tax in India, Income Tax Laws?
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