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The old adage is crime doesn't pay, but one certainly can wonder sometimes about the accuracy of it given quantity of politicians that find a way to be burglars! Regardless, the fact are usually making money from a crime doesn't mean you don't have to pay taxes. Correct. The IRS wants its unfair share of one's ill gotten gains! 3 A 3. All individuals fork out tax @ 15.00 % of salary over first Rs. 4,00,000/-. No slabs, no deductions, no exemptions, no incentives and no allowances.No distinction in dynamics and income source.

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