What do you mean by a direct tax? - Economics

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Answer in Brief

What do you mean by a direct tax?

What are direct taxes?

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Solution

Direct Taxes are those taxes which are borne by the person on whom it is imposed. For example - Income tax, wealth tax, etc. The burden of such taxes cannot be shifted on to others.

Notes

Students should refer to the answer according to their questions.

Concept: Direct and Indirect Tax
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2018-2019 (March) 58/2/1
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