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What is Direct tax & Indirect tax | Types, Differences between Direct tax & Indirect tax explained

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From this video you will learn What is Direct taxes and Indirect taxes & how it works, Types of Direct taxes, Advantages of Direct Taxes, Disadvantages of Direct Taxes, Indirect tax, Advantages of Indirect taxes, Disadvantages of Indirect taxes, Direct taxes and Indirect taxes explained for beginners in english.

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Thanks for the lesson really appreciate it.

— @DaveSaja3

Direct taxes:

Direct taxes are one type of tax that is levied directly on an individual taxpayer or an organisation who pays it to the government and cannot pass it on to someone else.

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— @Ananxdita

Direct taxation is levied on income, wealth and profit.

Types of Direct taxes:

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Tomorrow I have a exam

— @MohanaDurga-r5t

- Income tax

- Transfer tax

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— @Steve-b9g7x

- Property tax

- Capital gains tax

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Today i have exam 😅

— @pavankalyan9807

Advantages of Direct Taxes:

- It promotes equality

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Is a salary is a direct tax

— @GebremichaelMzayene

- It curbs inflation

- Promotes certainty

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— @SujalJadhav-k2w

- Economical

Disadvantages of Direct Taxes:

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— @HappyBowtieCat-sc5go

- Evadable

- Disincentive

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EASY/\
∆
{}×π

— @goldenera-19s

- Creates social conflict

Indirect tax:

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There are no benefits for direct taxes.

— @masr31

These taxes are not levied directly on the income, profit or revenue of an individual but rather on the expenses that they incur.

GST or the Goods and Services tax is a good example of indirect tax.

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Very nice sir

— @PSwarnalatha-n4e

Advantages of Indirect taxes:

- Everyone can contribute

“

Very nice sir

— @PSwarnalatha-n4e

- They are convenient

- They cannot be evaded

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I need your help in calculations in taxes sir

— @PSwarnalatha-n4e

- They are spread over a wide range

Disadvantages of Indirect taxes:

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Tomorrow I've an exam so here I'm 😁

— @tumpaguha6267

- They can be regressive

- They raise the price of the commodities

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Good 👍

— @mungikhan3992

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Direct taxes in Tamil
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