Income Tax in India

Income Tax in India

Meaning of Income Tax Income Tax in India, Income taxes are a source of revenue for governments. They are used to fund public services, pay government obligations, and provide goods for citizens. The first Income-tax Act in India was introduced in 1860 on account of financial stress owing to the mutiny of 1857 and was … Read more

Bank Correspondence

Bank Correspondence

The bank is a Financial Institution. The bank is one of the important aids to trade. The bank plays an important role in the economic development of the country by providing financial services. The primary functions of commercial banks include – Accepting deposits and lending funds. Bank Correspondence is essential for every business organization. A … Read more