Direct tax is levied directly on individuals or businesses based on income & profits. However Indirect tax is not directly imposed but is passed through goods & services. The tax structure in India is classified into Direct taxes like Income Tax and Indirect taxes like GST, customs, excise, and stamp duty. Understand and learn the types of taxes in India, and the difference between direct and indirect taxes. The most common example of a direct tax in India is the income tax, where individuals and businesses are required to pay a percentage of their earnings to the government. Indirect taxes, on the ... This research article aims to provide a comprehensive comparative analysis of India's tax structure. The Indian taxation system is a multifaceted and dynamic structure, crucial for revenue gene...
