what is the difference between direct tax and indirect tax
- 2 Answers
- 7875 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
who is the first law officer of government of india ?
What will be the value of "F" forms in case of stock transfer to consignment agent?
plz tell me about ups?
Company "A" has just secured a contract for the provision of 100 cars for the use of company "B" at various locations. Company "B" will be paying Company "A" monthly for the use of each car. Company "B" has employed and trained drivers that will handle the cars. Advise company'A" on the most appropriate mode of financing option stating reasons. Either as a finance lease,operating lease or hire purchase.
how computation of tax for toll naka will be done
HOW WE CAN RUN THE CLASS BY COMUNICATION MATHOD?
Whether Service Tax credit Can be taken and TDS can be deducted from freight inward and Outward on purchases ?
what is the lat date of tds deposit for march 2010 ASSESSMENT YEAR 2010-2011
Why do you want to become a solicitor?
I m indian stundent. I complet my law degree. Now i want to go usa for further study. so how can i get usa visa? What are the chance to refused me?
I belong from Other Backward Class Category I want to Purchase land of ST category Man . What is Process. ? Please tell me.
What is the difference between company & organisation send the details plz.?
A cyclist is injured following a road traffic accident in the day. He was cycling in a car lane rather than the cycle lane. Who is liable- the cyclist or the motorist? How about if the accident occurred at night and the cyclist had no lights?
distingish between fundamental right & directive principles with case law?
what is legal process of adopting a child?
