About Income Tax
Income tax is a tax imposed by the government on individuals and businesses based on their income. It is one of the main sources of revenue for governments around the world, used to fund public services such as education, healthcare, and infrastructure.
Benefits of Income Tax Planning
Proper understanding and planning of income tax can help individuals and businesses minimize their tax liability, comply with tax laws, and maximize deductions. Effective tax planning ensures long-term financial stability and reduces the risk of penalties and audits.
