Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between direct tax and indirect tax
- 2 Answers
- 8748 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
Which employment background do you have?
Should the law exist to protect us from ourselves?
exceptions to the rule no consideration no contract
i want to know all the things important for a giving upsc exam. moreover please inform me which book 0r material i use for preparing of upsc exam.
what is difference between excise & sells tax?
suing social services health service and social security
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.
i worked in TCS for 2 months and then i joined another company. now TCS sent me a mail to give RS 65,661 as per the bond that too within 15 days. what should i do? help me
Ware house(bldg.)taken on rent on 10.04.2009 for Rs. 25000/- P. month, till today rent is on paid, what is liability of TDS, percentage % & in which month TDS to deduct & make payment, what is intr. for late paymet how to calculat intr. from Apr. or May Or June
If A gave B £100 thinking it was a loan and B accepted the money thinking it was a gift, should he have to give it back?
SIR, our client is carrying business It is a ASSOciation of individuals.Can you say whether it is a AOP or BOI.my doubt is that AoP includes persons for a common purpose But according to I>T act PERSON includes individuals also
What do you understand by the rule of law?
who is the law secretary?
what is another name of lal bahadur shatri?
What will be the value of "F" forms in case of stock transfer to consignment agent?
