From the following which is included in the direct tax ........

From the following which is included in the direct tax:

Income Tax

Gift Tax

Both (a) and (b)

Excise Tax

- Direct taxes are those paid directly by individuals or organizations to the government.

- Option 1: Income Tax

- Income tax is a direct tax imposed on the income of individuals and businesses.

- Option 2: Gift Tax

- Gift tax is a direct tax applied to the transfer of property by one individual to another without compensation.

- Option 3: Both (a) and (b)

- This option includes both Income Tax and Gift Tax, which indeed are direct taxes.

- Option 4: Excise Tax

- Excise tax is an indirect tax levied on goods during production rather than sales.

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