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Learn what a SAC number is and how it is used in property tax assessment. Find out how to obtain a SAC number and why it is important for property owners.
Section 10(1) of the Income Tax Act of 1961 exempts agricultural income. However, the exemption allowed under section 10(1) for agricultural income varies depending on the agricultural activity performed.
Rates and rules under the DTAA vary per country. Rates are usually determined by a special agreement signed by both parties. TDS charges on interest profits usually range from 7.50% to 15%, but in some countries, they can be as high as 10% or 15%.
This blog helps understand the concept of Double Taxation and one’s tax obligations. It helps understand the ways in which the problem can be tackled and the measures taken by the government against it.
Professional Tax is deducted as it is a source of revenue for the government and is used towards bettering the services for professionals in that state.
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