Definition of Direct tax. Meaning of Direct tax. Synonyms of Direct tax

Here you will find one or more explanations in English for the word Direct tax. Also in the bottom left of the page several parts of wikipedia pages related to the word Direct tax and, of course, Direct tax synonyms and on the right images related to the word Direct tax.

Definition of Direct tax

Direct tax
Direct Di*rect", a. [L. directus, p. p. of dirigere to direct: cf. F. direct. See Dress, and cf. Dirge.] 1. Straight; not crooked, oblique, or circuitous; leading by the short or shortest way to a point or end; as, a direct line; direct means. What is direct to, what slides by, the question. --Locke. 2. Straightforward; not of crooked ways, or swerving from truth and openness; sincere; outspoken. Be even and direct with me. --Shak. 3. Immediate; express; plain; unambiguous. He nowhere, that I know, says it in direct words. --Locke. A direct and avowed interference with elections. --Hallam. 4. In the line of descent; not collateral; as, a descendant in the direct line. 5. (Astron.) In the direction of the general planetary motion, or from west to east; in the order of the signs; not retrograde; -- said of the motion of a celestial body. Direct action. (Mach.) See Direct-acting. Direct discourse (Gram.), the language of any one quoted without change in its form; as, he said ``I can not come;' -- correlative to indirect discourse, in which there is change of form; as, he said that he could not come. They are often called respectively by their Latin names, oratio directa, and oratio obliqua. Direct evidence (Law), evidence which is positive or not inferential; -- opposed to circumstantial, or indirect, evidence. -- This distinction, however, is merely formal, since there is no direct evidence that is not circumstantial, or dependent on circumstances for its credibility. --Wharton. Direct examination (Law), the first examination of a witness in the orderly course, upon the merits. --Abbott. Direct fire (Mil.), fire, the direction of which is perpendicular to the line of troops or to the parapet aimed at. Direct process (Metal.), one which yields metal in working condition by a single process from the ore. --Knight. Direct tax, a tax assessed directly on lands, etc., and polls, distinguished from taxes on merchandise, or customs, and from excise.

Meaning of Direct tax from wikipedia

- jurisdictions, in general, a direct tax or income tax is a tax imposed upon a person or property as distinct from a tax imposed upon a transaction, which...
- Nonetheless, tax evasion is a m****ive problem in India, ultimately catalyzing various negative effects on the country. In 2023–24, the Direct tax collections...
- Income-tax Act, 1961. Income-tax law consists of the 1961 act, Income Tax Rules 1962, Notifications and Circulars issued by the Central Board of Direct Taxes...
- that is primarily responsible for collecting and administering direct and indirect taxes. As a central civil service under Group A of the executive branch...
- Board of Direct Taxes (CBDT) is the senior-most IRS (IT) civil servant in the Government of India. The Chairperson of Central Board of Direct Taxes (CBDT)...
- correct tax allowances and tax relief. The first known taxation took place in Ancient Egypt around 3000–2800 BC. Taxes consist of direct or indirect taxes and...
- also levy taxes. The extent of that authority varies from canton to canton. While the formal framework of the most important cantonal direct taxes has been...
- The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government...
- administering direct taxes accruing to the Government of India. The IRS (Income Tax) is controlled by a statutory body, the Central Board of Direct Taxes (CBDT)...
- A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of ****ets or an entity's net worth. This includes the total value...