🎴 Flashcard Mode
Direct taxes - class-XI
Card1 / 31
Mastered0
Review0
QuestionClick to flip
Which of the following is direct tax?
AnswerClick to flip back
A
Income tax
💡 Explanation:
Direct taxes are those which are those which are paid directly to the government by the taxpayer.These taxes are not paid deducted and paid on behalf of the taxpayer.Key examples of direct taxes are Income tax, Wealth tax and Corporation tax.