Trick to remember Direct and Indirect Tax

Trick to remember Direct and Indirect Tax

     Hi Friends, here I am going to write a trick to remember direct and indirect tax. by using this simple trick you can answer easily in exam which is comes under direct tax and which is not comes under direct tax and also which is comes and not comes under Indirect Tax.

      This trick is very useful to remember taxes which comes under which. Before going to know the trick , first we will get to know the taxes which are comes under Direct and Indirect taxes.

 1. Direct Tax:

         From list of Direct taxes we will take first some combination of letters from each tax. In the below list we highlight those letters. By using those letters we can form one famouse software company website url for our rememberance purpose.

• Wi  -- Wealth Tax             
• Pro -- Property Tax           
• Co  -- Corporation Tax       
• In   -- Income Tax             

Mind Trick :-    wipro.co.in   [WiPro.Co.In]   

2. Indirect Tax:

       From list of Direct taxes we will take first some combination of letters from each tax. In the below list we highlight those letters. By using those letters we can form english words to ask permission for our rememberance purpose.

• Ex  -- Excise Tax
• Cu  -- Custom Tax
• Se   -- Service Tax
• M   -- Market Tax
• E    -- Entertainment Tax

Mind Trick :-    Excuse Me  [ExCuSe ME]

 Thank you for reading this post.

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