Direct tax: Sr

Direct TaxSr.Home Taxes Central Taxes Direct TaxDirect TaxSr. Discover the types of taxes in India, what direct taxes and indirect taxes are and some examples of direct taxes . Understand the nuances of income tax , corporate tax , and other forms of taxation to gain insights into India's tax landscape. Direct tax is a type of tax in which the payment burden falls directly on the payer, and the liability cannot be shifted to others. Direct taxation is imposed on a person's income or wealth, such as the federal income tax , as opposed to indirect tax , which is levied on goods and services. A direct tax is a tax paid directly by an individual or organization to the entity that levied the tax , such as the U.S. government.