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.

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3 Answers  

EXPLAIN ABOUT TDS?

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Labour charges for Assembly and Calibration is liable for service tax, & whats the limit

1 Answers  

Suppose there is a computer Inst. providing a course abc and the total fees for it is Rs.10000 per annum, now this institute gives the right to another institute to provide facility of that course on behalf of it and the fees amt. is bifercated to Regd. fees Rs. 2500, Exam fees Rs.500 and tution fees Rs.7000,now the former institute gives right to later ins. to take Rs.7000 and says that the amt. of regd. fees and Exam fees i.e Rs. 3000 must be given to it plus service tax, now we have to save the former ins. from paying service tax on Amt. 3000, how can we do this?

0 Answers  

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I am working with a partner ship firm. Their are six brances in other State. Our one branch(Haryana State) sale raw material to a customer(In Haryana)and charged all tax like excise & VAT. And purchase finished goods from the same customer for other branch in Uttarakhand. What should uttarakhand branch deduct TDS for these purchase amount. If yes, then pls send us notification nos.& TDS Section.

1 Answers  

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