Tax-free State in India: Even if you earn crores in a year here; Income Tax does not collect even single rupee
Sikkim is the only state in India where residents are not pay income tax due to Article 371(F) of the Indian Constitution and Section 10(26AAA) of the Income Tax Act, 1961. This status, started from Sikkim's 1975 merger with India, provides significant financial relax to its residents.
No comments:
Post a Comment