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Direct Tax Overview in India by Farhan Masood Zaman is a document available to read on EtoBox.

What is Direct Tax Overview in India about?

A direct tax is a tax paid directly to the government by individuals and businesses on which it is imposed. Some examples include income tax, corporate tax, and capital gains tax. Direct taxes are one of the main sources of revenue for the government and account for around half its annual revenues. They have advantages like ensuring equality and giving certainty, but also disadvantages like being easily evadable and obstructing economic growth.

Author

Farhan Masood Zaman

Language

EN