Taxation & Exemption

Income tax is one of the most important factor, which is levied by the government of india according to their jurisdictions and their local bodies for the profits earned through the business / salaries. These tax are been imposed by the government authorities in order boost our country economy by paying the taxes accordingly to the tax brackets.

By making an investments under various factors, the individual can claim the exemption benefits and save their tax by opting the declaration as per the requirements and need to submit the proofs to claim the benefits through various section’s as per the Indian income tax acts 1961.

Hence, income tax is considered as a main key factor for salary calculation, to arrive the taxable income, exemptions and benefit.

Under this module you will be learning about the Indian Taxation and exemption with the latest amendments as per the Tax Laws & Rules > of Income tax Acts 1961.