1. Retirement Benefits
As the financial year draws to a close all people begin to worry about their taxes. It is very important to know about the tax system, income calculation and slab levels to make tax calculations easier. There are five main sources of income -
Frequently Asked Questions
Is pension a part of the salary?
Pensions are included in your salary. Under the employment pension contract is also included tax under the heading of income. But when a pension is paid into any insurance product it means it is placed under the heading of income from other sources.
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