Tag: Download Form 16

Income Tax Section 80CCD | The government imposes mandatory fiscal taxes or fees on the income of  taxpayers, which is the source of government income for financing various government expenditures.  This fee or financial charge is known as a tax. There are two types of taxes. The tax levied on corporate  or individual income is a direct tax, while the tax levied on prices of goods and services is an indirect  tax. Punishable for non-payment or tax evasion. Every citizen has a moral responsibility to pay taxes  on time. Therefore The Government of India has enacted several…