Taxes can be classified as either direct or indirect. Direct taxes include wealth tax and income tax, which are levied directly on individuals. Indirect taxes consist of excise duty, VAT, custom duty, CST, and service tax, which are levied on goods and services. The document provides a classification of different types of taxes.

1. TAX
Submitted By Guided By
Vijay Somase Prof Kopate Mam

5. Classification Of Taxes
Classification of tax
Direct
taxes
Wealth tax
Income tax
Indirect
taxes
Excise duty
Vat
Custom duty
CST
Service tax

11. Thank you