Income tax
Income tax is a compulsory financial contribution levied by governments on individuals and businesses, based on their earnings. It forms a primary source of government revenue, funding public services such as infrastructure, education, and healthcare. The system typically operates on a progressive scale, meaning higher earners pay a larger percentage of their income in taxes. Compliance involves accurately reporting all taxable income, claiming eligible deductions, and filing returns within specified deadlines to avoid penalties. Understanding income tax regulations is crucial for financial planning and ensuring legal adherence for all taxpayers.
We also deal with :
- Income Tax filing
- Business Tax filing
- ITR 1 return filing
- ITR 2 return filing
- ITR 3 return filing
- ITR 4 return filing
- ITR 5 return filing
- ITR 6 return filing
- ITR 7 return filing
- 15CA – 15 CB Filing
- TAN registration
- TDS registration
- Income Tax notice