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Income Tax: Types, Slab Rates and Heads

Income Tax is a type of tax that you directly pay to the government depending upon the income or profit you have earned during a financial year. The government further utilizes the received income tax amount in maintaining and developing the country’s infrastructure such as schools, hospitals etc. Content Index Types of Taxes Definition of … Read moreIncome Tax: Types, Slab Rates and Heads

Income Tax Slab Rates – FY 2018-19

Income Tax is a direct tax charged by the government from its citizens directly. This tax is charged at an individual level based on the income group of taxpayers. There are different slab rates for different income groups, which will be discussed in this article. The topics covered in this article are: Factors for Income … Read moreIncome Tax Slab Rates – FY 2018-19