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Showing posts from October, 2023

Direct Tax is More Important than Indirect Tax – Discover Reasons

Most of us find the tax system as a gullible one and we feel that avoiding tax-related matters is more comfortable always. But, it is not the right thing. When you think of yourself as a responsible citizen of India, there are a few things that you cannot ignore and the tax system is one of those things. Today, we will discuss why the direct tax system is more important compared to the indirect tax system. You can consult with a tax advisor in Kolkata to widen your knowledge regarding this matter. CA Chandan Agarwal & Co . is the best place to get to know more about direct and indirect taxes and how they impact our economy.  Why Direct Tax Is Progressive? Moving forward to the topic of why direct tax is considered more important than indirect tax. Direct tax is the tax that is levied on the income of the people of India. Be it business income, corporate income, capital gain, and/or personal income; it does change the fact of paying your tax. On the contrary, indirect tax is collect