Direct Taxes and Indirect Taxes: Direct Taxes are those which are directly charged in the hands of the assessee. E.G. Income Tax. The Person who earns income pays tax.
Indirect taxes are those which are indirectly collected from assessee. E.G. Sales Tax. The person who sales collects tax from the buyer and hence the buyer ultimately pays the tax.
Download Direct Taxes and Indirect Taxes Updates in PDF Format As On June 2012 on the following location.