Albert Einstein is quoted as having said, “The hardest thing to understand in the world is the Income Tax”. Why that is, even the smartest brains are unable to comprehend the taxes. In fact, what is more, surprising is that all our lives are around taxes? We earn, we pay tax; we buy, we pay tax; we invest, we pay tax; moreover we even pay the tax for gifts! The further account is about the principles of levying the tax and comparing the Indian tax system per se.
about 20 days ago