Social Sciences, asked by priyapatha4, 2 months ago

income tax is collected on [ ] income of the individuals

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Answered by ishanikapoor217

2

Answer:

Individual income tax is also referred to as personal income tax. This type of income tax is levied on an individual's wages, salaries, and other types of income. This tax is usually a tax the state imposes. Because of exemptions, deductions, and credits, most individuals do not pay taxes on all of their income

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