Income tax

112 views 2 replies
what is Income tax
Replies (2)
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.
Income tax is indirect tax. income tax impose by Central Government on individual and businesses

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register