Give two examples for direct tax?

1.	Give two examples for direct tax?
Answer» Direct taxes are progressive i.e. rate of tax varies according to tax base. For example, income tax satisfies the canon of equity. Certainity: Canon of certainty can be ensured by direct taxes. For example, an income tax payer knows when and at what rate he has to pay income tax.

Answer»

Direct taxes are progressive i.e. rate of tax varies according to tax base.

For example, income tax satisfies the canon of equity.

Certainity: Canon of certainty can be ensured by direct taxes. For example, an income tax payer knows when and at what rate he has to pay income tax.

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Give two examples for direct tax?

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