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  2. Professional Tax - Wikipedia

    en.wikipedia.org/wiki/Professional_Tax

    Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.

  3. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    The tax rates displayed are marginal and do not account for deductions, exemptions or rebates. The effective rate is usually lower than the marginal rate. The tax rates given for federations (such as the United States and Canada) are averages and vary depending on the state or province. Territories that have different rates to their respective ...

  4. Tax bracket - Wikipedia

    en.wikipedia.org/wiki/Tax_bracket

    Given the complexity of the United States' income tax code, individuals often find it necessary to consult a tax accountant or professional tax preparer. For example, John, a married 44-year-old who has two children, earned a gross salary of $100,000 in 2007.

  5. New Tax Regime - Wikipedia

    en.wikipedia.org/wiki/New_Tax_Regime

    As per an analysis by the Revenue Department, 91.7% of tax filers (about 5.3 crore out of 5.78 crore tax filers) claimed a cumulative deduction (Sec 80 (C) + Sec 80 (D) + NPS + Loan Interest Repayment + Standard Deduction + others) of less than ₹2 lakh and less than 1 per cent of all tax filers (nearly 3.7 lakh) claimed deductions of over Rs ...

  6. Write-off - Wikipedia

    en.wikipedia.org/wiki/Write-off

    In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900. If that person is in a 25% tax bracket, the tax due would be lowered by ...

  7. Dress Codes: Why Santa Claus wears a red and white suit - AOL

    www.aol.com/news/dress-codes-why-santa-claus...

    Santa Claus’ suit may be one of his immutable features today, but he didn’t always wear red — and his closet used to be much more expansive. The legendary gift-giver’s style is just one ...

  8. Realtor group picks top 10 housing hot spots for 2025: Did ...

    www.aol.com/realtor-group-picks-top-10-171047166...

    The end of the year means preparing for the one ahead and the National Association of Realtors is already predicting the hottest housing markets for 2025. The NAR released The Top 10 Housing Hot ...

  9. List of sovereign states by tax revenue to GDP ratio

    en.wikipedia.org/wiki/List_of_sovereign_states...

    The tax percentage for each country listed in the source has been added to the chart. According to World Bank , "GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.

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