Taxation
Direct taxes are levied on individuals or organizations and must be paid directly to the government. They include income tax, wealth tax, corporate tax, etc. Indirect taxes are levied on goods and services and are collected by an intermediary from the person who bears the ultimate economic burden of the tax
Imposition of taxes reduces disposable income, more bitterly of the poor section, their purchasing power and ability ...
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...By : ICA Ed Skills Pvt Ltd
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