Direct taxes (like Income Tax) are levied on income or wealth, while indirect taxes (like Sales Tax, VAT, Excise Duty, Import Duty) are levied on goods and services and tend to increase their price to the consumer.
Which of the following taxes does not directly increase the price of a commodity to buyers:
Asked in UPPCS Prelims 1995 · Topic: Fiscal Policy & Revenue (Taxation System in India: Direct, Indirect taxes, and Tax Reforms (including GST))
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