Indirect tax

Tax is an important part of economy. There are two types of tax, direct tax and indirect tax. The tax that is collected by concern person, organisation and shared with state government. This type of tax is known as indirect tax.

Example- GST, Sales tax, custom excise tax.

Feature:

1. It is an important part of taxation.

2. It is an important source of revenue.

3. It is progressive. 

4. It belongs to social development.

5. It may shift

Comments

Post a Comment

4096

Popular posts from this blog

Financial investment

Every organization has a scarcity of finance whereas he has to perform many functions so he performs his financial activities like arranging, utilizing, expanding investing of finance by an effective efficient way to achieve the objective of the organization. Financial investment is part of financial management. The process in which the organization calculates the risk and selects one of the best alternatives that give a maximum return at minimum risk this process is called financial investment. In other words, we can say that financial investment is the process of utilizing our resources in such type of way that it gives a maximum return. This process is called financial investment.  Nature: 1. It is an internal function of a manager. 2. It is a financial function. 3. It is a risk-oriented function. 4. It is a forecasting-based function. 5. It is a scientific and systematic function. Objective: 1. Maximum utilization of finance- It is the first objective of financial investment. Every
Read more

The rise of BJP by Bhupendra Yadav

Every year billions of people celebrate the birthday of many leaders in every part of the world but some birthdays we celebrate never forget because this leader's birthday inspires, influences, motivates, guides us to contribute our best to make the nation self-reliant The name of this leader is Shri Bhupendra Yadav. He is the most influential General Secretary of BJP. lawmaker, key Poll Manager,  world-class strategist modern Chanakya & Incharge of Bihar & Gujrat.  He was born on 30 June 1969 at Ajmer in Rajasthan. His father Shri Kadam Singh an employee of the Indian railway. His family was patriotic, renowned, noble not only in Rajasthan but also in India. His father is also a socialist leader who works with George Fadnarish. He received a Bachelor's degree and Bachelor of Laws degree from Government College Ajmer. He was the vice president of GCA College of Ajmer in the period of 1990 to 1991. His speaking style, logical talking is so good that he participated in hu
Read more

Narendra Modi world's 100 most influence People.

 The world is full of powerful and popular leaders. These leaders are Donald Trump, Xi Jinping, Vladimir Putin, Angela Merkel, Mohammed Bin Salman Al Saud, Emmanuel Macron, Thersa May, Benjamin Netanyahu, and Kim Jong-un, etc. Among all leaders, people believe and every survey shows that Narendra Modi is one of them that is the most powerful and popular leader of the world. According to American agency Morning, Consult over 75 percent of people approve that Narendra Modi is the most popular leader in the world.20 percent of people disapprove of it so the net approval rating is 55 percent. Morning Consult is a global company that was established in 2014. It is a data intelligence company. It belongs to the US. It carries our survey research at a global level continuously. It is one of the fastest-growing companies in America that organizes online surveys and research on many different issues. It has many offices in the U.S.A. These offices are situated in New York, Chicago, San Francisc
Read more