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MRP system are often standalone Application where ERP is backbone that supports multiple modules including manufacturing.
Income Tax is the Direct Tax imposed by the State on your earnings on the assessment year in case the individual's income exceeds the tax exemption limit of tthat particular assessment year.
Sales tax is the Indirect tax imposed by the state on the merchant and customer for sale or purchase of the taxable goods or services, etc.
My 2 cents. Thanks.
INCOME TAX IS A DIRECTLY LEVID FROM LIABLE TAX PAYER
SALES TAX IS INDIRECTLY LEVID FROM ALL CONSUMER
Income Tax is the Tax deducted by the State from your personal Income or Salary, and it varies between countries, Sales Tax is the Tax you pay when buying a product or service in your country, the end user usually buys an exported good for example for2$ with Sales Tax included, but the Country itself will buy it from the origin less than2$ .
According to my knowledge Income tax in the UK is the tax where deductions are made at source, which means at the point where income is credited but not transferred to the concerned person and is thus, also known as tax deducted at source. And The paying authority or the employer is the person who deducts the tax in the spring and then flows it over to the HMRC before it reaches the person entitled to such income. If you want to know more about this topic you can visit The Angel Trust and get more information.
Income Tax is the Tax Deducted from the Gross Income of the specific year end Income. There are Differect Slabs of the Income to be followed for Calculating of Income Tax.
Sales Tax is Deducted from the End-user or Consumer upon purchasing of specific product/service.
