rohith
asked almost 3 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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Chirag
answered almost 3 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.
