Tug of War between Tax and Duty

P.R. Sethuraman , Last updated: 23 July 2019 Share Follow on Google News

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 wealt

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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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