Restrictions on Cash transactions” under Income Tax law

Author(s)
Publisher
ISBN
978-93-56030-70-1
Edition
2nd Edition 2022
Pages | Format
100-120 approx | paperback
Approx. Product Size
400 gms
Income tax is a direct tax that a government levies on the income of its citizens. The Income Tax Act, 1961, mandates that the central government collect this tax. The government can change the income slabs and tax rates every year in its Union Budget. Income does not only mean money earned in the form of salary.