Advertisements
Advertisements
प्रश्न
Distinguish between the direct and indirect tax.
फरक स्पष्ट करा
उत्तर
| Sr. No. | Direct Tax | Indirect Tax |
| 1. | Burden cannot be shifted by taxpayers | Easily be shifted to another person |
| 2. | Tax is imposed on personal income and corporate income | Taxes imposed on various goods and services |
| 3. | Direct tax has no inflation pressure | This tax has inflation pressure |
| 4. | The impact and incidence are the same in case of direct tax | The impact and incidence are different in case of indirect tax |
| 5. | Direct tax is less elastic | Indirect tax is more elastic |
shaalaa.com
Types of Taxes
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
APPEARS IN
संबंधित प्रश्न
Students are asked to go to the nearest departmental store and know about the Goods and Service tax (GST). Teacher and students are discussed about the GST.
The most common and important tax levied on an individual in India is ______.
Which of the following statement is correct about GST?
- GST is the ‘one point tax’.
- This aims to replace all direct taxes levied on goods and services by the Central and State governments.
- It will be implemented from 1 July 2017 throughout the country.
- It will unified the tax structure in India.
Match the following
| 1. | Income Tax | Value added tax |
| 2. | Excise duty | 1 July 2017 |
| 3. | VAT | Smuggling |
| 4. | GST | Direct tax |
| 5. | Black money | Indirect tax |
Sales tax is an example of ______ taxation.
______ constituted under the Central Board of Revenue Act, 1963.
______ is particularly designed to replace the indirect taxes imposed on goods and services by the Central and State.
What type of tax is the Goods and Services Tax?
Identify the type of taxation.
Explain the term incidence of a tax?
