Which affects the common man more direct tax or indirect tax?Discuss

1.	Which affects the common man more direct tax or indirect tax?Discuss
Answer» 1)This form of taxation indicates social justice as it is based on the ability to pay. The economic situation of persons determines the rate at which they are taxed. Also the progressive nature of direct taxation can help reduce income inequalities. This is well depicted by the slabs and exemption limits for different sections like women, individuals and senior citizens Both direct and indirect taxes are important for our country as they are linked with the overall economy. Both are collected by the central and respective state governments according to the type of tax levied and are important for the government as well as growth perspective of the country.

Answer»

1)This form of taxation indicates social justice as it is based on the ability to pay. The economic situation of persons determines the rate at which they are taxed. Also the progressive nature of direct taxation can help reduce income inequalities. This is well depicted by the slabs and exemption limits for different sections like women, individuals and senior citizens

Both direct and indirect taxes are important for our country as they are linked with the overall economy. Both are collected by the central and respective state governments according to the type of tax levied and are important for the government as well as growth perspective of the country.

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