What is Tax, How Many types of Tax in India| Indirect Tax | Direct Tax | GST |Income Tax | Corporate
Summary
TLDRवीडियो में डायरेक्ट और इनडायरेक्ट टैक्स के बीच का अंतर समझाया गया है। डायरेक्ट टैक्स जैसे इनकम टैक्स और कॉर्पोरेट टैक्स सीधे व्यक्तियों या कंपनियों से वसूला जाता है जो सीधे सरकार के खाते में जाते हैं। इनडायरेक्ट टैक्स जैसे जीएसटी वस्तुओं और सेवाओं की खपत पर निर्धारित होते हैं और इसे ग्राहक से वसूलकर सरकार को दिया जाता है। यह वीडियो खास तौर पर कॉमर्स और नॉन-कॉमर्स स्टूडेंट्स और प्रोफेशनल्स के लिए है जो टैक्सेशन के बारे में समझना चाहते हैं। अगले वीडियो में जीएसटी के फायदे और नुकसान पर चर्चा की जाएगी।
Takeaways
- 💡 Direct taxes are paid directly to the government.
- 💡 Examples of direct taxes include income and corporate tax.
- 💡 Indirect taxes are collected by intermediaries.
- 💡 GST is a form of indirect tax.
- 💡 Income tax depends on individual earnings.
- 💡 Corporate tax is paid by companies on their profits.
- 💡 GST applies to the consumption of goods and services.
- 💡 Direct taxes impact individuals and organizations differently.
- 💡 Indirect taxes affect the price of goods and services.
- 💡 Next video will explore GST benefits and drawbacks.
Timeline
- 00:00:00 - 00:08:33
The video is a part of a commerce educational series on the KSR Academy's YouTube Channel, focusing on the differences between direct and indirect taxes. It caters to commerce and non-commerce students as well as professionals unfamiliar with tax systems. Initially, the speaker explains the general concept of tax, which is imposed by the government on individuals and companies in various forms. The discussion starts by defining direct taxes, which are paid directly to the government, like income tax for individuals and corporate tax for companies. These taxes are based on income, profit, or gain, with specific examples such as income earned from salary, rental property, business, capital gains, or interest. This segment highlights how direct taxes are calculated and paid based on taxable income.
Mind Map
Video Q&A
What is the main topic of the video?
The video explains the difference between direct and indirect taxes.
Who is the video intended for?
It is intended for commerce students, non-commerce students, and professionals who want to understand taxes.
What are direct taxes?
Direct taxes are paid directly to the government by the individual or organization on whom it is imposed, such as income tax and corporate tax.
Can you list examples of direct taxes?
Examples of direct taxes include income tax and corporate tax.
What are indirect taxes?
Indirect taxes are collected by an intermediary (such as a retailer) from the person who bears the ultimate economic burden of the tax, like GST on goods and services.
What is GST?
GST is Goods and Services Tax, an indirect tax levied on the purchase of goods and services.
What is the purpose of the video?
The purpose is to educate viewers on the distinctions between direct and indirect taxes and their applications.
What will be discussed in the next video?
The next video will discuss what GST is and its benefits and drawbacks.
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- direct taxes
- indirect taxes
- income tax
- corporate tax
- GST
- commerce education
- tax differences