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We have a progressive system of taxation in India. It simply means— higher the income, the higher the payable tax. Moreover, the income tax is dependent on a slab system defined by the Tax Department. Note that various tax incentives are also added for that category who needs to pay lon...
Personal Income Tax in India: A Roadmap for FutureRam Avatar Singh
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Direct Tax India’s taxation system is perceived to be the most complex globally. With the direct taxation laws in India constantly amending to reflect the changes in the economy and policy of the government, handling tax function in most companies can be challenging. There are number of ...
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Whereas, in the case of the e-payment mode, the taxpayers get the option of making online payments of their direct taxes. They can choose to pay it through net banking of any authorized bank in India. Not everyone is allowed to go for a physical mode of tax payment, and one can discu...
June 14, 2024CA VineetaIncome Tax News and Articles, Taxes in India 5 Minutes Read An employer usually refers to your initial base salary when discussing your pay. To form your complete ‘salary package,’ they incorporate different elements on top of this figure. These additions consist of ...
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