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Finance is the backbone of any economy. In order to propel the economic development of the country, finance and tax related matters are highly essential. This section provides information related finance and taxes, and covers sectors namely insurance, banking, economy, trades and business etc
Tax is typically a smaller part of the overall Finance budget and may not be viewed as a priority area with respect to the transformation, notwithstanding that greater financial risk may be attributable to it. Tax may experience problems defining how it adds value to the greater organisation.
There are two types of taxes namely, direct taxes and indirect taxes. The implementation of both the taxes differs. You pay some of them directly, like the cringed income tax, corporate tax, and wealth tax etc while you pay some of the taxes indirectly, like sales tax, service tax, and value added tax etc.
Learn about 12 specific taxes, four within each main category—earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes; buy: sales taxes, gross receipts taxes, value-added taxes, and excise taxes; and own: property taxes, tangible personal property taxes, estate and inheritance ...