Sale!

INCOME TAX RETURN

499.00

Income tax is levied by the Central Government on the income that is earned during a financial year by individuals and the business. Taxes are considered to be a source of revenue for the government. The revenue that is collected from the source of tax is then utilized for developing infrastructure, proving better healthcare, education subsidies to the farmers or people employed in the agriculture sector, and also for government welfare schemes.

Taxes in India are of two types Direct tax and Indirect Tax. The tax that is levied directly on the income is called Direct tax. For instance, Income tax is a direct tax and the calculation of the tax is based on the income tax slab rates that are applicable during a given financial year.

Category:

Reviews

There are no reviews yet.

Be the first to review “INCOME TAX RETURN”

Your email address will not be published. Required fields are marked *