🎓 What is Income Tax? [Explained in Simple Terms – With Video]
In our latest explainer video, we break down the concept of income tax in a way that’s easy to understand, even if you have no prior background in finance or taxation.
💬 What You’ll Learn in the Video:
✅ What is Income Tax?
A basic explanation of what income tax means and how it affects your earnings.
✅ Why Do We Pay Income Tax?
Understand the purpose behind income tax and how governments use it to fund public services.
✅ Who Needs to Pay Income Tax?
Find out who is required to file income tax based on income level and employment type.
🔗 Watch Now & Learn
Understanding taxes doesn’t have to be intimidating. This video was created with simplicity in mind—to make sure everyone can get a grasp of this essential life skill.