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Income tax is inevitable if you earn anything over ₹ 5,00,000 annually. Every year eight crore people in India have to race to their CAs to file their income taxes.

The popular belief goes that life insurance is only useful in death, so why is it called life insurance? Well, that’s a common myth surrounding life insurance.

As India prepares to take its place among the top developing but largely self-reliant nations in the world, India’s income tax budget 2023 was presented by Finance Minister Nirmala Sitharaman on Feb 1, 2023.