A deduction is a minimum that must be met. A contribution is a voluntary thing that is given from a person.
1) Compulsion : In Taxation , Taxes are compulsory payment whether they are direct and indirect. While in debt , Public debt are voluntary and not compulsory with the exception of when they are increased during crisis like war. 2) Limits : In Taxation , Taxes cannot be increased beyond maximum taxable ability of the people. While in debt , there are no such limits in public debt.
A voluntary exchange is when someone gives another something of value willingly. When you purchase items from the store it is considered a voluntary exchange.
compulsory when issued
No that's GROSS PAY Net pay is what you have after ALL deductions have been calculated and subtracted
Compulsory - something you have to do Voluntary - something you can choose to do or to ignore. Breathing is compulsory if you want to stay alive. Eating donuts is voluntary.
The antonym of compulsory is optional or voluntary.
they are national insurance and income tax.
The opposite of compulsory (compelled) would be voluntary or optional.
Voluntary and compulsory.
What do you understand by "compulsory" and "voluntary" winding up of a company
Do you mean they had no money and no means of coercion?
The opposite of voluntary would be involuntary (not by choice). If it is by outside force or regulation, the opposite would be compulsory, forced, required, or obligatory.
I don't really understand this question. Are laws compulsory? Laws are laws and are certain not voluntary as to whether you obey them or not.
Service in the Swiss military is compulsory for all male Swiss citizens aged 19 and it is voluntary for females. The duration of the compulsory service is 18 to 21 weeks.
It was voluntary in idea but trust me most of the kids felt compelled after being brain washed in school and elsewhere.
A deduction is a minimum that must be met. A contribution is a voluntary thing that is given from a person.