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Direct taxes, such as income tax and corporate tax, are paid directly by companies. Indirect taxes, on the other hand, are paid by consumers when they purchase goods and services. Indirect taxes are borne primarily by consumers through intermediaries, such as retailers. Goods and services are subject to several indirect taxes, including sales taxes, excise taxes, value-added taxes, and goods and services taxes. The IYKONS Group provides tax registration services for indirect taxes, such as VAT, GST, TDS, and payroll related taxes, such as EPF, ESI, and labor welfare funds, as well as the filing of statutory returns for these taxes. Vist: https://iykons.com/services/business-and-personal-finance/
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