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Which is the Direct Tax in India?

  1. A
    VAT
  2. B
    GST
  3. C
    Wealth Tax
  4. D
    Excise Duty

Solution & Step-by-step Explanation

Wealth Tax is a form of direct tax because its incidence and impact fall on the same individual. On the other hand, VAT, GST, and Excise Duty are classic examples of indirect taxes, where the tax burden is shifted down to the final consumer. (Note: Wealth Tax was abolished in India in the 2015 budget, but historical tax classification questions remain standard in exam syllabi).

Practice this question

Try it yourself before checking the explanation above.

Which is the Direct Tax in India?
A
VAT
B
GST
C
Wealth Tax
D
Excise Duty

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taxationdirect taxindirect tax

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