FAQ’s
Income tax is a tax imposed by the government on the income earned by individuals and businesses. The tax collected is used to fund various public services and infrastructure.
Taxable income includes wages, salaries, bonuses, tips, investment income (such as dividends and interest), rental income, business income, and other forms of earnings.
Income tax is calculated based on your total taxable income, minus any deductions, exemptions, or credits you are eligible for.