Taxation refers to compulsory or coercive money collection by a levying authority, usually a government. The term "taxation" applies to all types of Entities(Individual/proprietorship, Partnership, HUF, Companies, Trusts, etc) from income to capital gains to estate taxes.
Direct taxation includes the following:
1. Income Tax
2. TDS(Tax Deducted at Source).
3. International Taxation
Problems faced in Direct Taxation:
Indirect taxation includes the following:
1. GST (Goods & Service Tax)
2. Custom Duty
3. Service Tax(Pending Queries).
Problems in Indirect Taxation:
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