Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between direct tax and indirect tax
- 2 Answers
- 8865 Views
- I also Faced
- E-Mail Answers
Answer Posted / megha rakshe
A direct tax is one paid directly to the government by the
persons (juristic or natural) on whom it is imposed (often
accompanied by a tax return filed by the taxpayer). Examples
include some income taxes, some corporate taxes, and
transfer taxes such as estate (inheritance) tax and gift tax.
An indirect tax (such as sales tax, value added tax (VAT),
or goods and services tax (GST)) is a tax collected by an
intermediary (such as a retail store) from the person who
bears the ultimate economic burden of the tax (such as the
customer)
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
Can we sue employer if the employer is deducting the Rs.1665/- from the employee towards PF including the PF admin charges (1.61%) and depositing without adding a single Rupee from his pocket. DO the employer has right to deduct PF admin CHarges from Employee. Under what sections of PF we can sue employer. THanks
Can we take input on Service Tax on Certification of Proffesional fee of ISO 9001 when we have manufacture unit & also having service tax registration.
If we have to make bill of Stock transfer from our interstate branch (like Chennai) what type of invoice we have to prepare tax or retail ?
Briefly describe a technical project that you found challenging or rewarding?
A Customs Inspector is required to apply laws and regulations. What experience do you have in applying laws and regulations?
What is your view on the "sufficient benefit" test in legally aided work?
i am in B.A 2nd year from ignou univercitu by corespondce is it possible to join a law after my graduation. and how much time it will take
what is the difference between challan and gate pass
Is it possible to stock transfer stock between two company of other state with some agreement without paying cst if yes then witch kind of agreement requard
Hello this topic is on: Trademark(passing) 1) What is the sigificance of deception in misrepresentation under passing off? 2) What is the concept of 'moron in a hurry'? 3) What does damage to goodwill means? Thanks:)
how many Type of excise audit please give me details
How many form used in sales tax in u.p.
I Want to konw the full knowledge about India Pvt. Ltd. Company, Ltd. Company., Pvt. Ltd. Company Etc. Thanks
What does it mean for someone to 'take' another's car?
Dear Friends, Please send me State Bank of Maharashtra or other banks - LAW OFFICER's Exam Questions Papers for the past five years. I will be highly obliged. neerajgoyal155@yahoo.com
