Write down four differences between Direct Tax and Indirect Tax.

Question

The table mentioned below covers all the differentiating points between direct and indirect taxes.Direct TaxIndirect Tax...

Accepted Answer

The table mentioned below covers all the differentiating points between direct and indirect taxes.Direct TaxIndirect Tax...

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