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Even so, these are nonetheless taxable on the basis of income tax and are added to a person's total income. They are taxed in their own right. Note that these forms of earnings fall into a different category, with a different tax rate that applies and is assessed against them. Income ...
Learn about the corporate income tax in Indonesia including taxable income for taxpayers and foreign companies.
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In this week's China Outbound, we look at German FDI in the Philippines and Singapore, calculating income tax in India, and industrial zones in Vietnam.
Source of income determines taxability in IndiaSonu Iyer
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In any case, if you failed to file income tax returns on or before the deadline, you would be required to pay interest at the rate of 1% for each month, or part of a month, on the amount of unpaid tax according to section 234A. Carry Forward of Losses are not allowed If you fac...
June 14, 2024CA VineetaIncome Tax News and Articles, Taxes in India 5 Minutes Read An employer usually refers to your initial base salary when discussing your pay. To form your complete ‘salary package,’ they incorporate different elements on top of this figure. These additions consist of ...