Why should you enrol to Income Tax Certificate Course?
The main purpose of taxation is to increase revenues to meet huge public spending. Most government activities are covered by taxes. Taxation is a part of economic policy. The purpose of income tax is to reduce inequality in the distribution of income and wealth. Next, we need to establish a greater standard of justice between different classes of taxpayers. The income tax collection has a direct impact on the following things: Total volume of production Investment Consumption Choosing Industrial Location & Techniques Distribution of Income Balance of Payment Income Tax? Income tax is a tax levied on an individual or entity with respect to the income or profits received by the same individual or entity. Income tax is a type of government tax levied on income generated by businesses & individuals within their jurisdiction. As per law, taxpayers are required to file an annual income tax return as part of their tax obligations. Tax rates may vary...