What is Income Tax ?

Last updated at July 31, 2026 by

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What is Income Tax ? It is a Tax Tax is on Income Tax Collected by Central Govt Salary Business Rent Interest etc Which Types of Income? Is it Direct Tax or Indirect Tax? (Same Tax all over India)

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant with 16+ years of practical experience and 20+ years of teaching experience. At Teachoo, he simplifies Accounts, Tax and GST with step-by-step examples so students can apply concepts confidently in exams and real life.

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