Budget FAQ: What is Direct Tax?

As Finance Minister Nirmala Sitharaman gears up to present her second budget within a span of seven months, expectations are soaring high. The country has been witnessing major economic turbulence and all eyes would be pinned on Union Budget 2020, hoping for some relief. As the D-day nears, let's take a look at the basics that would make the understanding of the exercise easier. Here's what a direct tax means.

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