What is Income Tax of India?
In simple words, Income Tax means Tax on Income you earned. Some portion of your income you are supposed to pay to Central Government for development of our country. Now to know How much Income is taxable, What amount of Tax you have to pay and How to save Tax you have to look at provisions of Income Tax Act and amendments in that act from time to time. We have tried to simplify all necessary income tax provisions to get maximum benefits of the same.