What are Direct tax and Indirect tax
Last updated at Dec. 16, 2024 by Teachoo
Last updated at Dec. 16, 2024 by Teachoo
Direct tax is when person pays tax from pocket. Indirect tax is when person collect tax from customer pay to government. Example Income tax is direct tax and Vat, Service tax, Excise, Customs etc.
About the Author
CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.