January 2010
Intermediate to advanced
820 pages
38h 30m
English
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CHAPTER 17
Direct and Indirect Taxes
CHAPTER OUTLINE
- Introduction
- Income Tax
- Corporate Tax
- Wealth Tax
- Excise Duties
- Customs Tariff
- Central Sales Tax (CST)
- Modified Value Added Tax (MODVAT)
- Central Value Added Tax (CENVAT)
- Value Added Tax (VAT)
- Case
- Summary
- Key Words
- Questions
- References
INTRODUCTION
A tax which is paid by the person on whom it is legally imposed and the burden of which cannot be shifted to any other person is called a “Direct Tax”. J.S. Mill defines a direct tax as “one which is demanded from the very persons who, it is intended or desired, should pay it”. The person from whom it is collected cannot shift its burden to somebody else. Thus, we have the impact, that is, the initial, as the first burden and the incidence, the ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.