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Even though they are unavoidable, we look for ways to avoid paying taxes. Every taxpayer tries to minimise their tax liability, but people do not educate themselves well enough. Though there are several ways to reduce a taxpayer's burden, the Government of India provides all citizens with a helpful resource – rebate u/s 87A of the Income Tax Act, 1961. In the current state of things, it is as if the Government is a shopkeeper that wants to give people a discount, but people are too frantic to listen and pay more than necessary.
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about 1 years ago