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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.
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 ...
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.
The contribution mobilière was replaced with rates tax (taxe d'habitation) the same year; Lastly the patente was replaced by the professional tax in 1976. Starting in 1978, tax rates for these three taxes are set freely on an annual basis by each general council, municipal council and other local bodies [note 1] entitled to collect the taxes. [3]
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 ...
ABC News and star anchor George Stephanopoulos have agreed to pay President-elect Trump $16 million to settle a defamation lawsuit. The settlement was publicly filed Saturday, just days before the ...
Image credits: Bored Panda #2 Dave Grohl Fathered A Baby Girl Outside Of His Marriage. Lead singer of the Foo Fighters Dave Grohl isn’t trying to hide his truth. Back in September, the musician ...
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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