Answer :
Income tax is the tax that is imposed by the government on the income that is generated by individuals and businesses.
What is a tax?
Your information is incomplete. Therefore, an overview of a tax will be given. It should be noted that a tax is a compulsory levy that is paid by individuals and businesses.
Also, income tax is the tax that is imposed by the government on the income that is generated by individuals and businesses. This is important to generate revenue for the government.
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