Tug of War between Tax and Duty

P.R. Sethuraman | Last updated: 19 January 2020

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Tax Vis Duty: Tax is normally taxing and burdensome, while on the other hand duty is an obligation, task and responsibility. Tax is levied by the Government on the income, activity or commodity. It is into two main groupings -Direct Tax and Indirect Tax. Direct tax includes income tax or wealth tax, but the latter is given voluntary sent off. Indirect taxes cover so many taxes like purchase tax, sales tax, then value-added tax, wealth tax, service tax and presently elevated to GST etc. In

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

P.R. Sethuraman

Chartered Accountantant

The author is a Chartered Accountant with nearly 50 years post qualification experience in industry serving both in Public and private sector as well in audit. He served in various capacities both in Finance and in Internal Audit Division. His experience in industry covers entire spectrum of finance, accounts and manag ... Read more

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