STUDY ON AWARE NESS ABOUT INDIVIDUAL TAX PAYER ON EXEMPTIONS IN TAX & SPECIAL RATE OF TAXES

Abstract

Taxes in India are a huge source of revenue for the government. The government brings about measures to avoid tax evasion in th e form of ta x exemptions. To encourage or discourage certain activities the authorities also levy special rates of taxes on various incomes. The income tax act deals with such provisions with a hope to avoid tax evasion