Difference between revisions of "Tax Rates Reflect Total Well Being"

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Latest revision as of 02:51, 12 November 2024

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(iv) All unaccounted income should be declared. If such a disclosure is made before its detection with the Income Tax Department, probabilities of being trapped from a tax raid are lessen.

The Tax Reform Act of 1986 reduced finest rate to 28%, at the same time raising transfer pricing the bottom rate from 11% to 15% (in fact 15% and 28% became discharge two tax brackets).

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