Income tax

ATUL Y   26 November 2020

Income tax is a type of tax that governments impose on income generated by businesses and individuals within their jurisdiction. By law, taxpayers must file an income tax return annually to determine their tax obligations.

JATINDER KUMAR (Accountant)     26 November 2020

Income tax is indirect tax. income tax impose by Central Government on individual and businesses

Current Basic Exemption Limit is Rs. 2,50,000