Are Direct Taxes transferable or non-transferable? Explain the recent Direct Tax Reforms undertaken in India.
Are Direct Taxes Transferable or Non-Transferable? And Recent Direct Tax Reforms in India Introduction: Direct taxes are taxes levied directly on the income or wealth of individuals or corporations. Unlike indirect taxes (like GST), they cannot be passed on to a consumer. The key characteristic differentiating direct and indirect taxes is the incidence of tax … Read more