Why Income Tax is Important for you
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Income Tax is an Direct tax which is levied by Central Government on the income earned by a person during the year.
Whether you are an Individual like Salaried employee, small Entrepreneur, partner of a firm, or even Partnership firm as well, retailer, or even if a person is a Company itself, it doesn’t matter whether Public Limited Company or Private Limited Company, Income Tax Provisions are very important to be compliant.
Income Tax Laws include computation of income under various heads, tax exemptions, tax deduction, income tax benefits, and the various other provisions of Income-tax assessment.
We at Taxation Insight always try our best and helps our users to understand Income Tax Provisions in a more comprehensive way.
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