The Department of Revenue is led by the Secretary (Revenue) under the overall direction and supervision of the Union Finance Minister. It exercises monitoring, supervision and administration in respect of matters relating to all the Direct and Indirect Union Taxes through two statutory Boards namely, the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). Each Board is headed by a chairman who is also ex officio Special Secretary to the Government ... The article discusses the two different categories of taxes - Direct and Indirect taxes , and Goods and Services Tax (GST) as an Indirect tax . Learn what direct taxes are, how they are levied and collected by the central government in India, and who is eligible to pay them. Find out the types, rates, exemptions, and advantages of direct taxes such as income tax , corporate tax , and capital gains tax . Direct tax can be defined as a type of tax in which the incidence and impact of the tax are levied on the same person. It can be further explained as a type of tax in which the liability of paying the tax cannot be shifted to someone else.
