Search results
Results from the WOW.Com Content Network
Scheme II (without deductions) + 12% of basic salary for epf or social security : 30% ₹ 1,000,001 & + Scheme I (with deductions) 30% ₹ 1,500,001 & + Scheme II (without deductions) + 12% of basic salary for epf or social security . 4% cess [clarification needed] and highest surcharge of 25% is applied on income tax. This makes the effective ...
The GST was introduced in Australia on 1 July 2000 by the then Howard Liberal government. A number of supplies are GST-free (e.g., many basic foodstuffs, medical and educational services, exports), input-taxed (residential accommodation, financial services, etc.), exempt (Government charges) or outside the scope of GST.
GST in New Zealand is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. [75] It normally makes up around 30% of tax revenue in New Zealand. [76] The rate for GST, effective since 1 October 2010 is 15%. [77]
Some people believed that the HST would generate significantly more revenue, because while the PST revenue was estimated at $5.083 billion for 2009/2010, several sources concurred and estimated a 5% GST revenue for British Columbia of about $5 billion (or a tax base at about $100 billion after the current GST exemption concerning the public ...
(Since April 2016, the United Kingdom has discontinued withholding tax on interest and dividends, though in some cases this income will become liable for taxation through other means). [8] Rwanda charges withholding tax on business payments unless the paying company obtains proof that the recipient is registered with the tax administration and ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The supply must be for consideration (GST Act s9-15) to a relevant entity registered for GST (Div 23) in the course of enterprise (s9-20). This does not include employment or hobby income. Products made entirely in Australia, as well as supplies going to or from Australia, are all taxable.
You can deduct car loan interest on IRS Form 1040 Schedule C. Enter the amount of the deduction — either using the standard mileage rate or the actual expense method — on Line 9 under the ...