WEBINAR ON INDIAN TAXATION SYSTEM

Mr.R.Pravin who holds a B.Com ,CMA and worked as a cost management accountant is the resource person for the webinar on Indian Taxation System.

The resource person explained about the Indian taxation system. He also explained about how they fixed the tax rates, how the old tax slab differs from the new tax slab, how the government changes tax, types of taxes such as direct tax and indirect tax, list of taxes and who has authority to collect the tax. He further explained about income tax rate for self employed, income tax rates for financial year 2020-2021 under the old regime. He also highlighted the legal requirements of paying tax, disclosing accurate information with transparency for paying tax, old regime of the tax gave more exemptions from paying tax and the importance of paying tax and how the person earning income below 5 lakhs was exempted for paying tax. 

This topic holds high importance since the tax rates  had been increased and how to help the People from facing problems in Paying of Tax. It is essential to know about the tax system as a citizen of India.