Difference between Direct Tax and Indirect Tax - My Commerce Info

Tuesday, June 14, 2016

Difference between Direct Tax and Indirect Tax

    Basis Direct Tax Indirect Tax Meaning Direct Tax are those tax which is not shift the burden of r... thumbnail 1 summary


   
Basis
Direct Tax
Indirect Tax
Meaning
Direct Tax are those tax which is not shift the burden of risk to anybody
Shifting of the burden of tax is known as Indirect Tax
Impose
It is directly imposed by the Government on Assesse’s income, expenditure and service.

It is directly imposed by saler or by any service provide on the behalf of Government
Example
Social security contribution
Value added Tax



No comments

Post a Comment