Income tax is a tax levied by the government of India on the income of every person. Once a person is liable for income tax payment to the government, a question arises as to how this tax payment can be...

What is a Long Term Capital Gain Tax? Long term capital gain tax arises on the transfer or sale of a long-term capital asset. The prerequisite to a long term capital gain tax is that the asset must qualify to...

The income tax slabs are applicable as per the net taxable income. Income tax is a tax levied on the net taxable income of a person. A person, here, includes an individual, Hindu Undivided Family (HUF), Association of person (AOP),...