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HI EVERY BODY THIS IS SRINIVAS WORKING AS AN ACCOUNTS EXECUTIVE AND I WANT TO KNOW WHAT IS INDIRECT AND DIRECT TAX? IF ANY ONE KNOWS LET ME KNOW THE DETAILS IF ANY ONE HAVE ANY WEBSITE SEND ME THE DETAILS ABOUT THIS IS VERY IMPORTANT IN OUR COMPANY
THANKS & REGARDS
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SRINIVAS...............

Hi, srinivas i am facing same problem too. if you get any answers, please forward it to me..........
You can visit the site of department of revenue, govt. of india for knowing about direct tax & indirect tax. the link is dor.gov.in
direct taxation means person have to pay tax to directly to govt
e.g income tax,wealth tax,property tax
on the other hand indirect tax means person doesn't pay tax directly to to govt but he indirectly pay the tax to govt. like sales tax,excise,service tax,custom duty,
in this case customer pay tax amount to seller and then seller ultimately pay the tax to govt

hello srinivas add me as u r frnd in gmail we will discuss about taxes

more at https://www.citefin.com/5513-tax-pro...#ixzz18qMW7CP1

hiiiiiiiii madhukar I am sorry still i dont know the taxes but i ll learn as soon as possible and i ll tell u that ok srinivas _____________________-
Hi
Tax on your income is Direct Tax
Tax on your expenses is indirect tax
D.TAX :- You earn & pay tax on the same, this is indirect tax. here you know what you are paying and why.
you also can make plan to save direct tax to some extent.
I-DTAX :- you purchase something and pay tax included in the total bill amount is indirect tax.
you directly not paying to government account. you are paying to seller included in bill amount.
later seller will deposit the same to government account.
EG: you purchase gold of Rs. 100000 and paid VAT 1 %
you paid TOTAL 101000 (100000+1%)
seller will deposit this 1000 Rs. to Government account.
Hemant Maheshwari

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