write about direct and indirect tax?
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write about direct and indirect tax?
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Direct :-
Tax given directly to head
Indirect :-
Tax is collected by the small level officers of head.
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Explanation:
While direct taxes are imposed on income and profits, indirect taxes are levied on goods and services. A major difference between direct and indirect tax is the fact that while direct tax is directly paid to the government, there is generally an intermediary for collecting indirect taxes from the end-consumer.
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