UPSC CSE Prelims Direct vs Indirect Taxes — Examples & Distinctions Flashcards
Master 8 direct vs indirect taxes — examples & distinctions concepts for the UPSC CSE Prelims.
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Question
Consider the following taxes:
- Corporate Tax
- Capital Gains Tax
- Customs Duty
Which of the above is/are examples of a Direct Tax (where the burden cannot be shifted)?
Question
Which of the following best describes the fundamental characteristic of an Indirect Tax (such as GST or Customs Duty)?
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