wiz-icon
MyQuestionIcon
MyQuestionIcon
23
You visited us 23 times! Enjoying our articles? Unlock Full Access!
Question

Very short answer type question:
What is the basic difference between direct and indirect tax?

Open in App
Solution

In case of direct tax, the burden cannot be shifted, i.e. impact and incidence is on the same person whereas, the burden of indirect tax can be shifted, i.e., the impact and incidence is on different persons.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Tax System in India
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon