India’s robust taxation system is the backbone of its economic growth, enabling funding for critical public services and infrastructure projects that uplift the country. With a complex mix of direct and indirect taxes, it’s essential to grasp the various categories of taxpayers and the way taxation functions in India. Who are Taxpayers in India? Anyone who earns an income within the taxable threshold mandated by Indian tax laws must pay income tax. Taxpayers are categorized based on their nature of …
Social Profiles