Everywhere around the globe, governments levy taxes on the citizens. In return, the government offers essential services, amenities and securities. The government take taxes from the citizens for the ...
The West African country of Ivory Coast has the highest income tax rate in the world at 60%. Finland has the highest taxes in Europe and the second highest taxes in the world at 56.95%. Japan is the ...
Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Lea Uradu, J.D. is a Maryland State Registered Tax Preparer, State Certified Notary ...
Governments run on taxes, which is one of the major means of capital generation for a country. Income tax helps fund public services, provide goods for citizens, and pay for government obligations.
Apart from the above-mentioned tax rate, an additional surcharge and cess are levied. Given below are the details of the surcharge and the cess that will be levied: There are a few things you must ...
Senior citizens aspiring to earn a regular stream of income can invest in the Senior Citizen Tax Saving scheme or SCSS. Let’s get to know more about the scheme in detail, pertaining to its eligibility ...
Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax ...
Premium The income tax benefits in respect of interest on home loans for self-occupied house property/ies as well as for repayment of principal repayment are available only if you opt for the old ...