Budget FAQs: How do direct and indirect tax impact you?

Deccan Herald 2020-01-29

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Nirmala Sitharaman is all geared up to present her Union Budget 2020 on February. While all eyes are on Budget 2020, it is imperative for people to know the key terms associated with the annual exercise

What is direct tax?
The income tax an individual pays directly to the government is termed as direct tax.

What is indirect tax?
Indirect taxes are imposed on goods and services. They are paid by consumers indirectly at the time of buying goods and services.

Click here to get the latest updates on Budget 2020: shorturl.at/fENP3

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