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Types of income tax: Easy explanation [Video]

In this video, you will learn about the different types of income taxes and which category you would fall under. #tax #incometax #wallstreetmojo #government #income #business Chapters: 00:00 – Introduction 00:42 – Types of income tax 00:46 – Tax levied on Income from salary. 01:10 – What is the tax Slab presently followed in India? 01:16 – Tax levied on Income from business and profession? 01:55 – Tax levied on Income from capital gains? 02:18 – What Long term Capital gain and short-term capital gain? 03:06 – Tax levied on Income from house property? 03:30 – What is the tax Slab for taxation of income from house property in India? 03:42 – Tax levied on Income from other sources 04:02 – How is a tax levied on winning from the lottery? 04:21 – Conclusion (Explained in detail in the video) Americans owe the government almost $1 billion in taxes and …

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