4.3   Types of Taxes

. Types of Taxes Direct Taxes A tax imposed on an individual or organisation, which is paid directly, is a direct tax. The burden of a direct tax cannot be shifted to others. J.S. Mill defines a direct tax as “one which is demanded from the very persons who it is intended or desired should pay it.” Some direct taxes are income tax, wealth tax and corporation tax. In India, Income Tax was introduced for the first time in by Sir James Wilson in order to meet the losses sustained by the Government on account of the Mutiny of . - - . . AM - - . . AM Government and Taxes France was the first country to implement GST in .