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I want to know, What is tax expenditure in the context of direct and indirect taxes?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 rohith asked over 2 years ago

Hi I am CA student. I want to know, What is tax expenditure in the context of direct and indirect taxes?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Chirag answered over 2 years ago

**Direct tax** - income tax and wealth tax **Indirect tax** * VAT.- tax on purchase of goods * Excise-tax on manufacture of goods * Entry tax- tax on entry of goods in a particular area * Customs- tax on imports * Entertainment tax * Luxury tax * Service tax- tax on service ...... And the lilist goes on.

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