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Answer Posted / sudeep kumar das
Tax is an important source of revenue for both cental as
well as state Govt. The constitution of India prescribes
establishment of a socilistic pattern of society providing
Justice to all political,economic & social.
There r two types of Tax i,e Direct Tax and
Indirect Tax.
Direct Tax ia a type of tax the burden which cann't
shift on the head of other.and indirect tax is vice-versa.
direct tax is Excise Duty income Tax, corporate taxes,
income taxes, and transfer taxes, Gift Tax.
Indirect Tax are sales tax
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