taxation
Why are private employees' savings being taxed?
Unlike public sector retirees, private sector employees do not get pensions
Provident funds to pay 27.5% tax
Companies and organisations will be required to file tax returns on the income generated by employee welfare funds from the current fiscal year and pay a 27.5 percent tax on the earnings.
MACRO MIRROR: BUDGET FY2015-16 / Predictable yet unachievable
Writing on budget has become a challenge for me not only because so much has already been discussed, but there is barely anything original in the budget.
10pc tax slapped on rice import
Finance Minister AMA Muhith says the government has decided to impose 10 percent tax on rice import.
Why are private employees' savings being taxed?
Unlike public sector retirees, private sector employees do not get pensions
Provident funds to pay 27.5% tax
Companies and organisations will be required to file tax returns on the income generated by employee welfare funds from the current fiscal year and pay a 27.5 percent tax on the earnings.
Predictable yet unachievable
Writing on budget has become a challenge for me not only because so much has already been discussed, but there is barely anything original in the budget.
10pc tax slapped on rice import
Finance Minister AMA Muhith says the government has decided to impose 10 percent tax on rice import.
