US Constitution 16th amendment: "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived."
A primary tax source is the main source of revenue for a government. In most cases, the main source is from income tax and levy of goods and services.
20$ without tax, like 22$ with tax
Tax deduction at source in respect of share brokerage house
Congress has the power to tax.
Yes, it doesn't matter.
He resides in the UK so pays taxes there, he likely pays more tax than the rest of the grid combined!
TDS means tax deducted at source. It is employer's duty to deduct tax at source otherwise govt. may take action. It is a direct tax.
Tax deducted at source (TDS) is a form of tax collection in India used on income assessments. The tax paid is on earnings for the past year.
Congress of the United States, By virtue of the 16th Amendment to the U.S Constitution has the right to lay and levy (impose) a tax on income earned by whatever source deemed by the IRC. (Internal Revenue Tax Codes)
Tax Collected at Source is a sales tax that is charged in India for certain good. The items that qualify for this tax is liquor, tendu leaves, timber, and scrap batteries.
The individual income tax is the government's biggest single source of tax revenue.