There are 3 principal ways for generating income viz. : labour, capital and/or combination of both. Income generated by use of labor is called employment.
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Basics
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Numericals
Mr. Narayan furnished the following document from the previous year as :
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Basics
Tax Policy
A tax payer is also known as an assessee. Every country have different acts governing the duities of taxpayers. Hence a taxpayer is requred to fulfill following duities in accordance to a country's tax act