Here is a slideshow from Afterschool which takes a stab at explaining Income tax laws in powerpoint format.
And if all this is too much for you to keep track of, then don't worry - eLagaan will keep track and make necessary changes to our systems. So you don't have to worry or keep track of changing tax laws (learn more). All you need to do is use eLagaan to prepare tax returns and we will take care of the rest.