Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is direct tax & indirect tax

Answer Posted / sriparna

The Tax whose burden can not be shifted from the assessee
to other person is Known as Direct Tax. The assessee
himself has to borne it totally. Eg- Income Tax, Wealth Tax.

The Tax whose burden can be shifted from the assessee to
other person is Known as Inirect Tax. Eg- VAT,CST,Service
tax, Excise Duty, Custom Duty etc .

Is This Answer Correct ?    32 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax

2104


What is the Accounts Payable & Accounts Receivable ?

2230


Transfer nett profit of Rs 325000/- to Reserves and Surplus

2440


WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?

2044


duties of bank finance manager

2214


What does my credit score mean?

2035


Under the accrual basis of accounting incomes are recognised at the time -------------------

2203


4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470

3182


please give the sbi bank clerk exam paper model in last five years?

2237


Which entry we pass self entry like cash withdraw for ourself

1632


What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?

2284


i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

2267


what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.

2195


Short Answer on ___________Finance Bill

2037


What is mamimum rate of CST applicable on Plastic Doors in NOIDA?

2129