International Journal of Economics and Banking

The Central and State government assumes a critical job in deciding the taxes in India. To smooth out the procedure of taxation and guarantee straightforwardness in the nation, the state and focal governments have embraced different strategy changes in the course of the most recent couple of years. One such change was the Goods and Services Tax (GST) which facilitated the tax system on the deal and redemption of products and enterprises in the nation. 

The tax structure in India can be characterized into two principle classifications: 

1.Direct Tax 

2.Indirect Tax 

Direct Tax: It is characterized as the tax forced straightforwardly on a taxpayer and is required to be paid to the administration. Likewise, an individual can't pass or allot someone else to pay the taxes for his benefit. 

A portion of the direct taxes forced on an Indian taxpayer are: 

Personal tax-it is the tax material on the salary earned by an individual or taxpayer. 

Corporate tax-this is the tax pertinent on the benefits earned by organizations from their organizations. 

Aberrant Tax:It is characterized as the tax required not on the salary, benefit or income however the products and ventures rendered by the taxpayer. Dissimilar to coordinate taxes, circuitous taxes can be moved starting with one individual then onto the next. Prior, the rundown of backhanded taxes forced on taxpayers included assistance tax, deals tax, esteem included tax (VAT), focal extract obligation and customs obligation.