Trade protection is the deliberate attempt to limit imports or promote exports by putting up barriers to trade. Despite the arguments in favour of free tr...

Why Irrigation is necessary 1)Irrigation before ploughing the fields makes the soil soft due to which the ploughing of fields become easier. 2)Irrigation ...

Even in a normal economic environment, early tax filers usually try to file their taxes once they get their final pay stub of the year. However, Americans...

As mentioned above, in a developing country like India, a fiscal deficit of 3/4% is considered to be good for the economy….Ideal Fiscal Deficit – India. Y...

Is Income Tax applicable on all of my income? If your income is less than the exemption threshold of PKR 400,000 (whether you are a salaried or non-salari...

You do not claim a spouse as a dependent. When you are married and living together, you can only file a tax return as either Married Filing Jointly or Mar...

The main German export product: motor vehicles Machinery (14.6%) and chemical products (9.3%) ranked second and third, respectively, among the most import...

If you make $35,000 a year living in the region of California, USA, you will be taxed $6,366. That means that your net pay will be $28,634 per year, or $2...

Unmarried partners may be able to use the “head of household” filing status if they support a child dependent. If your child lives with you and your partn...

Direct taxes are progressive, because it is possible to help more people who do not earn as much, and at the same time, mobilize resources from those who ...