How does the Government collect the Income-Tax?

 Taxes are collected by the Government by way of three means:

  1. Voluntary payments made by the taxpayers into various designated Banks, which includes Advance Tax and Self-Assessment Tax,
  2. Tax deducted at source, i.e., TDS, which is deducted from the income of the receiver, and
  3. Tax collected at source, i.e., TCS
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