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
|
Tuesday, June 14, 2016
Difference between Direct Tax and Indirect Tax
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