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Government Budget and Economy — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsGovernment Budget and Economy1 Mark
Question
Define direct tax. Give two examples of direct taxes.
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Answer

When liability to pay a tax and the burden of that tax lies on the same person, it is called direct tax, e.g., income tax and corporate tax.

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