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Income Tax Simplified

Tax - Legal

Income Tax Simplified

What is a tax and why we have to pay it? Tax is a mandatory, legally required payment that a citizen pays to the government. It is based on a person's income, regardless of his or her economic standing. Taxes are generally a percentage of income. In today's world, it is difficult to imagine any country without taxes. If you are a tax payer, then knowing the meaning of taxes, is very important. This blog on taxes will tell you about the various types of taxes, the importance of paying taxes, and why you must always pay your taxes.

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Laxmi Khuman

August 21, 2021 - 3 min read