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The concept of Income Tax System in India

The concept of Income Tax System in India

What is Income Tax?

In India, two types of tax are presently executed. These are: When a tax is paid on the income absolutely to the government, then such a tax is referred as Direct Tax. However, the tax imposed on eateries, theatres, e-commerce websites and more, along with the goods and service they provide is referred as an indirect tax. Thereafter, …

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