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Revision as of 00:33, 16 October 2024
How many of folks count our taxes? The truth is, hardly if any. Regarding eyes of the government, not all income sources are treated equally. For example, when are usually working for your supervisor as an employee and you duly pay your taxes at the end of the christmas. This has been going on for some time. The amount of taxes paid is noticeable to be the same each year (give and take). Therefore, it may look as though all that earned income are going to be taxed equally each and every.
What could be the rate? In the rate or rates enacted by Central Act there are numerous Assessment 12. It's varies between 10% - 30% of taxable income excluding the basic exemption limit applicable to the tax payer.
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