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प्रश्न
Give any two examples of direct tax.
Give examples of direct tax.
State two examples of direct tax imposed by the central Government in India.
टीपा लिहा
उत्तर
- Income tax is imposed on individual persons based on their income earned in a year. Every person who is liable to pay tax has to bear the burden of this tax, and it cannot be shifted.
- Similarly, corporation tax imposed on company profits is paid by the company itself. Gift tax and wealth tax are other examples of direct taxes.
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Concept of Direct Taxes
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