Introduction to Personal Income Tax
Personal income tax is a tax levied by the government on the money you earn during a year. This income can come from many sources, such as: Salaries and wages:
Personal income tax is a tax levied by the government on the money you earn during a year. This income can come from many sources, such as: Salaries and wages:
Taxation isn’t just about collecting money—it must be fair and efficient. Economists have identified key Principles of Taxation that make a tax system effective
By understanding the concept and importance of taxation, you’re not just gaining knowledge—you’re recognizing your role in building a better community.