Budget in A Minute: What is an indirect tax? How is it different from a Direct tax? Zee Business Managing Editor Anil Singhvi explains!
Indirect tax is the tax that is levied on the goods that you buy or the services that you take. It is different from the Direct tax in a way that it has no bearing on the income that you make
The moment you rake up some expenses while paying for any goods or getting services, then the final bill which will come to you will have the GST component in it