Answer Posted / regina
A direct tax is the tax which is mostly levied on the
income of people and conpanies.the burden of tax cannot be
shifted but alwways borne by the tax payer,eg of DIRECT TAX
include personal income tax ,capital gain tax
etc.
Indirect tax is is a tax which a person paid in porportion
to the valvbe of a particular goods sold and brought.the
burdrn of indirect tax is mostly impossed on to the final
consumer in the form of high price.eg are import
duty ,export duty,etc
| Is This Answer Correct ? | 25 Yes | 6 No |
Post New Answer View All Answers
which name written in Tan application form Applicant is sole proprieter companies name or individual name?
Please do tell me about the questions which are asked at BACS FINAL ROUND.
what are the accounting ratios
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
Tell me the steps for Import and Export Thanks
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
what about case study
let me know the meaning and Nature of cash
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
Expand---------DBPC
what is the main link between the income statement and the balance sheet?
what is the scenario of multi-org setup?
What is Spin-off & spilts