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What is direct tax & indirect tax
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Answer / meena
In direct tax the incidence and impact are on the same person whereas In indirect the incidence and impact are on the different persons
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ujwala wasankar
Direct tax is paid by employees to the government directly.
Direct Tax includes Income Tax, Wealth Tax etc. Income tax
is paid on Income of the persons.
Indirect tax is levied on goods and services and it is paid
through other persons indirectly. Indirect Tax consists VAT,
CST, Service Tax, Excise Duty etc.
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / mahesh
Direct Tax is Income Tax, which cant be impose or transfer
to another person.
Indirect Tax is sales tax, VAT, which can impose or
transfer to another person
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vivek singh
direct tax are those which are collected directly from the person income tax property tax welth tax etc.
indirct tax are those tax which are indirecly collected from the person e.g. sales tax etc.
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