Mention four differences between Direct taxes and Indirect taxes.

Question

Differences between Direct taxes and Indirect taxes:Direct TaxIndirect TaxPaid directly to the governmentPaid to the gov...

Accepted Answer

Differences between Direct taxes and Indirect taxes:Direct TaxIndirect TaxPaid directly to the governmentPaid to the gov...

Direct Tax	Indirect Tax
Paid directly to the government	Paid to the government via intermediary
Profits and income	Goods and services
Individuals, HUFs and businesses	End-consumers of products, goods and services.
Directly depends on income and profits	Same for everyone