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DIRECT TAXES 1) it is levied on income earned activities conducted. 2) it is paid, directly by person concerned. DUTIABLE GOODS 3) it is paid after the income reaches in the hands of tax payer. 4) tax collection is difficult. E.g. Income tax, wealth tax etc.
DIRECT TAXES 1) it is levied on income earned activities conducted. 2) it is paid, directly by person concerned. DUTIABLE GOODS 3) it is paid after the income reaches in the hands of tax pay…