Home
Class
DN_SHORTS
Kitkat Played Smart to Save Taxes #short...

Kitkat Played Smart to Save Taxes #shorts

Promotional Banner

Similar Questions

Explore conceptually related problems

Top 3 Smart Tips to Create Notes

The _____ differs from item to item and state to state. (sales tax/income tax)

"Smart Money" term is used for

The four pillars of smart planning are key to the success of Smart Cities and the Regional Smart City Initiatives. Which of the following is not included in these pillars ?

Cosideration Of Tax

The above graph represents the salary, expenditure, tax and savings (in rupees) per month of the persons A, B, C and D. Study the graph and answer the question. Savings as a percentage of salary is highest in case of :

The interest rates in the institutional market have come down significantly and at present are in the range of 5.25 to 5.75 percent per annum. However, interest rates on small savings schemes such as the Post Office Saving Schemes, RBI Relief Bonds, Provident Fund and PPF continue to be administered at high levels in relation to market rates. These schemes also have a variety of tax incentives, which result in much higher post-tax returns and on the flip side more liability for the government. It is ironic that it is predominantly the urban population (and more often people in the high tax bracket), which is benefiting from high rates and tax benefits. The size of small savings has assumed a significant proportion of financial saving in the country. This has also increased dramatically the debt service burden of both Central and State Governments. The interest rates on small savings have decreased considerably during the last few years.