PERSONAL INCOME TAX RATE

Personal income tax is a taxation system that the government imposes on income generated by individuals. By law, taxpayers must file an income tax return annually to determine their tax obligations. The revenues from here are an important source of income for the government of India.
 
This type of income tax is levied on an individual's wages, salaries, and other types of income such as pensions, interest, and dividends.

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