Answer / ravindra

direct tax is nothing but the tax which is paid to the govt
directly eg- income tax

indirect tax is the tax which is paid to the govt indirectly
eg-vat, cst, excise

Answer / manoj bassi

Direct Taxes are those which are lieved by Govt. directly
such as, Income tax, Wealth Tax, Gift tax.

Indirect taxes are those which are inclusive of all the
taxes such as- Sales tax, VAT, Excise Duty, Custom duty

Answer / satyaki_raju@yahoo.com

Direct tax is the Tax levied by the GOvt on the people and
their organisations.Indirect taxes are collected from the
people thru levying of taxes on the consumables

Answer / harendra pal

direct tax - direct tax paid the goverment direcitly just
like income tax.
indirect tax -indirect tax paid the goverment indirectly
just like vat,service tax,cst, exices.

Answer / jamil

direct tax is a tax which is paid to the government
directly . the best example i should give is the income
which w earned like salary and wealth tax and property tax
etc
the indirect tax is a trax which is paid indirectly to
the government which is custom duties excise duty and vat
and sales tax

Answer / sohan singh

Direct tax is the Tax levied by the GOvt on the people and
their organisations.Indirect taxes are collected from the
people thru levying of taxes on the consumables

Answer / varsha racichandran

The primary difference between Direct Taxes and Indirect
taxes is that,
> The tax is levied directly on the tax payer, i.e, the
Govenment levies and collects from such tax payer.
Eg: income tax, etc.
> In case of Indirect Taxes, The tax is collected by an
intermediary from the customer and eventually passes the
same to the Govt.
Eg: VAT, service Tax, etc.

Answer / pankaj kumar sharma

Direct Tax is the tax lived directly to Govt. and directly paid to Govt... Like Income Tax.

Indirect Tax:- The Tax is collected by user and eventually paid to same Govt. by Saller.....Like Sale Tax, Service Tax, CST, Exicse, Custom Duty....etc.

Till the Discounted bill is paid by acceptor it remains. 1) A contigent liabilities for the acceptor. 2) A contigent Liabilities for the Drawer. 3) A contigent Liabilities for the bank 4) A contigent Liabilites for drawer

2 Answers  

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0 Answers  

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3 Answers  

what is service tax charged in india

4 Answers  

Deferred taxation is a part of which equity?

0 Answers  

Whatis ir TDS rate of international creditors for F.Y.2012- 13)

2 Answers  

What is tds and what are its rate in different segment

2 Answers  

D form isse quartly or yearly by gov.?

2 Answers  

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0 Answers   Prime Technology,

My estimated income for the financial Year 2009-10 will be 485000/- please make a tax plan to escape legally from paying taxes

1 Answers  

what is the size of balance sheet ?

2 Answers  

What items fall under the category of ‘securities’?

0 Answers