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Direct taxes are the taxes which are not shifted i.e the incidence of which falls on the person who pay them to the Government. For e.g income tax and gift tax.

Income tax can be of two types: personal income tax and corporate income tax. Personal income tax is levied on the income of individuals, HUFs, unregistered firms and other Associations of People. Corporate tax is levied on the income of Registered Company and Corporations.

Indirect taxes on the other hand are taxes in which burden of paying tax is shifted through a change in price for example custom duty, excise duty, etc.