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Define a ‘Direct Tax’. - Economics

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प्रश्न

Define a ‘Direct tax’. 

उत्तर

Direct Tax refers to the tax that is directly borne by the person on whom it is imposed. The burden of a direct tax cannot be shifted on to other person. For example, income tax, wealth tax, etc. are direct taxes as these taxes are paid and borne by the same person on whom they are levied.

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Direct and Indirect Tax
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2011-2012 (March) All India Set 1
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