Tax laws are modified or else changed more or less with a shifting economic status and priorities. The governments periodically change these with time to make the processes of filing easy, change tax slabs, new sets of deductions, or exemptions. Some nations have launched their portals for simple filing while others have revised the tax slab to provide relief to the middle class of taxpayers.
Conclusion
Every taxpayer must know the provisions and regulations of income tax. Adherence to this matter will enable one to contribute towards the wellbeing of the nation and never have a legal issue ensuing therefrom at a later date. Taxpayers shall save more and discharge their tax liabilities in the best manner possible if they are informed about tax brackets, deduction and need for submission. Tax laws are not something easily understood. This would make it less burdened if proactive tax planning and keeping in step with the latest regulation are observed.