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What are type of taxes in Indian financial system?

#appstar

Answer by CA Anuj Malhan:

Broadly there are two type of taxes
1.. Direct i.e Income tax
2. Indirect taxes i.e Sales tax , Service tax ,Excise Duty ,custom Duty etc.

However dont worry .. India is very close to roll out GST in 2016.

What are type of taxes in Indian financial system?

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