Is capital gain tax an indirect tax?

No, capital gains tax is not considered an indirect tax; it is a direct tax. Direct taxes are levied directly on individuals or organizations, based on their income or profits. Capital gains tax specifically targets the profit realized from the sale of assets, such as stocks or real estate, making it a tax on the income generated from those transactions. Indirect taxes, on the other hand, are imposed on goods and services, typically passed on to consumers.