"An advocate must carry both the constitution in his pocket and compassion in his heart."
What is Income Tax? Income tax forms the backbone of a country’s fiscal framework, serving as a key source of revenue for the government. It facilitates national development, supports infrastructure, and funds welfare schemes. In India, the income tax system is governed primarily by the Income Tax Act, 1961, which outlines the framework for levy, computation, […]
Introduction to Income Tax on Salary under the Income Tax Act, 1961 The Income Tax Act, 1961 is the primary legislation governing the taxation of individuals and entities in India. Within the act, one of the most significant sources of taxable income for individuals is income from salary. Salary income is earned by employees, including […]