File Name: what is difference between direct tax and indirect tax .zip
The citizens of India cannot shy away from paying taxes. The Government of India imposes two types of taxes on its citizens — direct and indirect taxes.
A direct tax is one that the taxpayer pays directly to the government.
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Difference Between Direct and Indirect Tax
Updated on Jan 05, - PM. Tax is a mandatory fee imposed upon individuals or corporations by the Central and the State Government to help build the economy of a country by meeting various public expenses. Taxes are broadly divided into two categories- Direct and Indirect taxes. It is a tax levied directly on a taxpayer who pays it to the Government and cannot pass it on to someone else. Some of the important direct taxes imposed in India are mentioned below:. However, both Estate and Wealth taxes are now abolished.
An indirect tax such as sales tax , per unit tax , value added tax VAT , or goods and services tax GST , excise , consumption tax , tariff is a tax collected by an intermediary such as a retail store from the person who bears the ultimate economic burden of the tax such as the consumer. The intermediary later files a tax return and forwards the tax proceeds to government with the return. In this sense, the term indirect tax is contrasted with a direct tax , which is collected directly by government from the persons legal or natural on whom it is imposed. Some commentators have argued that "a direct tax is one that cannot be charged by the taxpayer to someone else, whereas an indirect tax can be. An indirect tax may be used to raise the price of products for consumers. An excise duty on motor cars is paid in the first instance by the manufacturer of the cars; ultimately, the manufacturer transfers the burden of this duty to the buyer of the car in the form of a higher price. Thus, an indirect tax is one that can be shifted or passed on.
Direct vs Indirect Taxes
The government levies taxes on various items ranging from consumer goods and electronics to fuel and liquor. Every individual earning above a certain limit has to pay income tax. But what is income tax?
Хейл теряет самообладание, и у него всего два выхода: выбраться из шифровалки или сесть за решетку. Внутренний голос подсказывал ей, что лучше всего было бы дождаться звонка Дэвида и использовать его ключ, но она понимала, что он может его и не найти. Сьюзан задумалась о том, почему он задерживается так долго, но ей пришлось забыть о тревоге за него и двигаться вслед за шефом.
Если вы вызовете службу безопасности, она умрет. Стратмор вытащил из-под ремня мобильник и набрал номер. - Ты блефуешь, Грег. - Вы этого не сделаете! - крикнул Хейл. - Я все расскажу.
Ты же знаешь, что я бы осталась, - сказала она, задержавшись в дверях, - но у меня все же есть кое-какая гордость. Я просто не желаю играть вторую скрипку - тем более по отношению к подростку. - Моя жена вовсе не подросток, - возмутился Бринкерхофф.
Возможно, ничего страшного, - уклончиво сказал он, - но… - Да хватит. Ничего страшного - это глупая болтовня. То, что там происходит, серьезно, очень серьезно. Мои данные еще никогда меня не подводили и не подведут. - Она собиралась уже положить трубку, но, вспомнив, добавила: - Да, Джабба… ты говоришь, никаких сюрпризов, так вот: Стратмор обошел систему Сквозь строй.
Из почты Танкадо Сьюзан знала также, что цепные мутации, обнаруженные Чатрукьяном, безвредны: они являются элементом Цифровой крепости. - Когда я впервые увидел эти цепи, сэр, - говорил Чатрукьян, - я подумал, что фильтры системы Сквозь строй неисправны. Но затем я сделал несколько тестов и обнаружил… - Он остановился, вдруг почувствовав себя не в своей тарелке.
Несмотря на сомнения относительно быстродействия машины, в одном инженеры проявили единодушие: если все процессоры станут действовать параллельно, ТРАНСТЕКСТ будет очень мощным. Вопрос был лишь в том, насколько мощным. Ответ получили через двенадцать минут. Все десять присутствовавших при этом человек в напряженном ожидании молчали, когда вдруг заработавший принтер выдал им открытый текст: шифр был взломан.