What is Taxation? | Direct and Indirect Taxes Explained with Examples | Types of Taxes | TH Academy

🎓 Welcome to TH Academy!
In this video, we’ll learn everything about Taxation, its meaning, types, importance, and examples — explained in a simple and easy way so that even beginners can understand.

By the end of this lecture, you’ll clearly understand:

*What is Taxation?
*Difference between Direct and Indirect Taxes
*Types of Taxes (Income Tax, Corporate Tax, *Wealth Tax, Capital Gains Tax, and more)
*Why taxation is essential for government and society
*Real-life examples and explanations in a simple way.

⏰ Timestamps
00:00 – Introduction
00:40 – What is Taxation?
02:00 – Key Takeaways of Taxation
04:20 – Types of Taxes (Overview)
05:30 – Direct Taxes Explained
08:50 – Examples of Direct Taxes
12:10 – Capital Gains Tax & Gift Tax
14:00 – Indirect Taxes Explained
16:15 – Benefits of Taxation
19:10 – Exploring Various Types of Taxes
22:00 – Types by Tax Rate System (Progressive, Proportional, Regressive)
25:00 – Ad Valorem & Specific Taxes
27:00 – Final Conclusion and Summary
28:00 – End Message & Channel Info

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