Tag: taxes

In China, taxes are levied on everything from keeping a dog to overstaying foreign citizens! How different is the tax system there from India?

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In China, taxes are levied on everything from keeping a dog to overstaying foreign citizens! How different is the tax system there from India?

After the presentation of the budget in India, there is a discussion about tax from the Parliament to the streets. But do you know how many types of taxes are levied in other countries apart from India? Today we will tell you about India’s neighboring country China. In terms of population, China is now second after India. In such a situation, it is very important to know how many types of taxes the government there collects from the public.  Budget Opposition parties are continuously protesting after the central government’s finance…

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income tax return rules if you fill false information in itr then could be fined with this much amount

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income tax return rules if you fill false information in itr then could be fined with this much amount

Rules for ITR: All the people in India who earn money and come under the purview of income tax, have to file their annual income tax return. This year, the last date for filing income tax return is 31st July. If anyone does not file income tax return i.e. ITR by this date, then they will have to file it later with a penalty. While filing ITR, people have to enter their correct information. But many times people get caught up in the hassle of returns and fill wrong information…

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Government presents a budget worth crores, do you know how much money is given by you in it?

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Government presents a budget worth crores, do you know how much money is given by you in it?

The budget is to be presented today by the central government. On which the eyes of every person, from common to special, are fixed. What is going to be special in this budget and in which areas there will be relief, all this will be revealed, but do you know how much of your money is invested in the upcoming budget and from where the government gets the money for its needs. If not then let us know. Where does the government’s income come from?First of all, let us know…

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