Question

what is personal income tax?

Answer 1

Hey mate

here is your answer :-

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✨ personal income tax ✨

❄ National Income Tax is generally imposed on an individual combined Hindu families and total income of people of any other communities.

✴ in addition to text ,separated surcharges are also imposed sometimes.

✴ Agricultural Income in India is free from income tax.

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I hope it help you ✌✌✌✌✌

Answer 2

Answer:

An income tax is a tax imposed on individuals or entities that varies with respective income or profits.

Income tax generally is computed as the product of a tax rate times taxable income. Taxation rates may vary by type or characteristics of the taxpayer. The tax rate may increase as taxable income increases.

Explanation:

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