What are Direct tax and Indirect tax

Last updated at April 16, 2024 by

What are Direct tax and Indirect tax - Current and Deferred Tax Computation

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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.

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.