Did You Know the types of Direct Tax?

Direct Tax

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Income Tax

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Corporation Tax

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Capital Gains Tax

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Did You Know the types of Direct Tax?

Direct Tax

1. Income Tax 2. Corporation Tax 3. Capital Gains Tax

Income Tax

This tax is collected from people and organisations based on their income after deductions. As per the earnings, the people fall into different categories and pay tax.

Corporation Tax

Companies have to pay corporation tax on their profit amount. Currently, the corporate tax rate is 30%, with certain exceptions for special economic zones and new startups.

Capital Gains Tax

When you earn money via selling capital assets like shares, bonds, property, or mutual funds. The holding period of the asset, short-term (less than 36 months) or long-term, decides the tax percentage

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