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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 ... The article discusses the two different categories of taxes- Direct and Indirect taxes, and Goods and Services Tax (GST) as an Indirect tax. Direct taxes and indirect taxes are the two types of taxes helping governments raise funds to build schools, hospitals, roads, and more. Learn the difference between direct tax and indirect tax, two types of taxes levied by the government on income, wealth, goods and services. Compare their features, such as nature, incidence, liability, evasion, inflation and collection, with a comparison chart and examples.
