Question

write information about income tax.​

Answer 1

Step-by-step explanation:

An income tax is a tax imposed on individuals or entities in respect of the income or profits earned by them. Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income

Answer 2

Answer:

Income tax is a direct tax that a government levies on the income of citizens .

Income does not only mean money earned in the form of salary .It also includes income from house party,From house property gains from profession (such as bonus ),capital gains income and income from other resources.