Your insights on direct and indirect tax

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Direct tax is levied on individuals and businesses directly by the government, while indirect tax is passed on to consumers through goods and services.

Direct tax is paid directly by the taxpayer to the government, such as income tax and corporate tax.
Indirect tax is collected by an intermediary (like a retailer) from the consumer and then passed on to the government, such as sales tax and GST.
Direct tax is progressive in nature, meaning the more you earn, the higher percentage of tax you pay. Indirect tax is regressive, as it affects everyone equally regardless of income level.
Examples of direct taxes include income tax, corporate tax, and property tax. Examples of indirect taxes include sales tax, excise duty, and customs duty.

Your insights on direct and indirect tax

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