Do you have less knowledge of Income Tax?
Do you have less knowledge of Income Tax? Then these full guide will help you to become proficient on Income tax concept and other related terms. What do we mean by Income Tax? Tax means the money paid to the government other than for transaction-specific goods and services. Thus it is the direct tax that the government imposes on the income of its citizens. The Act, 1961, strict that the central government will collect the tax. The government changes the income slabs and tax rates annually in its Union Budget. Income does not only mean money earned in the form…