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We present you with the list of countries where you pay the highest and least tax. Prepared by the Organisation for Economic Co-operation and Development (OECD), the Taxing Wages 2017 report has revealed the nations where individuals pay the most and... Read More

Here is a collection of 125 quiz questions related to India's current general knowledge. Not only these questions will help you know about important current events of India but also prove as a valueable resource for conducting quiz programs in... Read More

Here is a collection of some general knowledge facts to help you increase your general knowledge (GK). These general knowledge facts include collection of GK facts from numerous fields such as literature, history, science, mathematics and culture. We... Read More

Here is a list of the world's least corrupt countries according to Corruption Perception Index report of 2010. India currently ranks at position 87. Since 1995, Transparency International (TI) publishes the Corruption Perceptions Index (CPI)... Read More

This article provides an overview of the tax structure and current tax rates in India. India has a well-developed tax structure with clearly demarcated authority between Central and State Governments and local bodies. Tax Structure present in India... Read More

The happiest country in the world has a 50% tax rate. This might sound surprising at first, but it's true. Finland, a country in Northern Europe, has consistently ranked as the world's happiest country in the World Happiness Report, despite... Read More

Value Added Tax (VAT) is the indirect tax on the consumption of the goods, paid by its original producers upon the change in goods or upon the transfer of the goods to its ultimate consumers. It is based on the value of the goods, added by the... Read More

What is Road tax? Road tax is a tax to be paid periodically on motor vehicles for using the public roads. Road tax is imposed in India by the central and state government and also by the local bodies. If the vehicle is used in a state which is... Read More

The income tax officer decides to audit businessman John, and summons him to the income tax office.   The officer is not surprised when John shows up with his attorney, Smith.   The officer says, "Well, sir, you have an extravagant... Read More

Yes. The interest on fixed deposit is fully taxable except in case of '5-Year Tax Saving Fixed Deposit' scheme offered by financial institutions where the investment amount gets locked for 60 months and the interest rate is also lower as... Read More