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प्रश्न
What is Income tax?
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उत्तर
Income tax is a direct tax under which tax is calculated on the income, gains, or profits earned by a person such as individuals and. other artificial entities (a partnership firm, company, etc.).
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Meaning of Taxes
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संबंधित प्रश्न
Choose the Correct Answer.
Income Tax is ______
Write a short note on Direct Tax.
Write a short note on Indirect Tax.
Define Tax.
Explain the terms direct tax and indirect tax with an example.
Mention any one difference between the impact of tax and the incidence of tax.
What is meant by no quid pro quo of a tax?