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What is the differance between Direct Tax and Indirect Tax?
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Answer Posted / ajoy kumar rai
DIRECT TAX ARE THOSE WHOSE INCIDENCE AND BURDEN FALLS ON
THE SAME PERSON AND HE/SHE HAS TO BEAR IT. EX-INCOME
TAX,WEALTH TAX,GIFT TAX ETC,
ON THE CONTRARY, INDIRECT TAX ARE THOSE WHOSE BURDEN IS
NOT FALL DIRECTLY ON A PERSON.EX- SALES TAX.
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