Income_Heads_Presentation (1).pptx optimization

Incomes generation

1. Income Heads Overview of Major Sources of Income

2. What Is Income? The term income refers to any type of compensation or benefit received in exchange for work performed or for capital invested. Income can come in the form of the money you receive from your employer or the payments you receive on your investments. Income can be divided into several categories, including gross versus net income and earned versus unearned income

3. What Are Income Heads? Income heads refer to categories under which income is classified for tax and accounting purposes. Each type of income is grouped based on its source and nature.

4. Types of Income Heads

5. Income from Salary

6. Income from House Property

7. Income from Business or Profession

8. Income from Capital Gains

9. Income from Other Sources