TAXATION

Direct tax is the tax that is paid by the person directly by the person on whom the government has imposed. The direct tax is different from the income tax or the corporate tax.  These taxes are paid by the people for a particular reason say for their property or tax for their assets and so on. This tax has to be paid by that particular person or the entity they cannot be transformed to other people to the other entity.  According to the U.S laws the direct tax are charged against the property for the reason of its ownerships. In country likeIndiathe direct tax are one part of the income tax and that has very vital source to them. They have the tax system in which they have to pay the VAT tax, excise tax and stamp duty. So the taxes differ from country to country in its uses and in the way they are collected. But the tax are very important to the people they have to pay their tax so that they could help their nation in going in developing process. The direct tax has its own usage to the government they are charged only to the people or the company that falls in this category.