India's Biggest Tax Contributors...
Personal income tax is still India's biggest tax contributiors, accounts for more than 30% of total tax collections
Financial knowledge
Indian Tax slabs
Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown:
1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years.
2. 5% Tax: I
