Rivy Vinita

Income Tax Brackets 2024 India. The salaried section is hopeful for inclusions that would be beneficial for them. The government of india levies additional charges on individual taxpayers (irrespective of age) whose annual income exceeds inr 50 lakh.

Section 194g of the income tax act, 1961 pertains to the commission or other similar payments made on the sale of lottery tickets. Income tax can seem confusing, but it doesn’t have to be.