Garrett may exclude his income tax as a single individual is $250,000.
Income tax is an immediate tax that a government levies on the profits of its citizens. The profits Tax Act, 1961, mandates that the principal authorities accumulate this tax. The government can exchange the income slabs and tax costs every 12 months in its Union budget. Profits do not most effectively mean cash earned in the form of income.
For the economic 12 months 2022-23, an individual is required to pay profits-tax if his/her overall earnings exceed Rs. 2,50,000. In the case of resident people of the age of 60 years and above but under 80 years, the fundamental exemption restriction is Rs. 3,00,000 and for resident people of eighty years and above, the restriction is Rs.
The federal income tax prices remain unchanged for the 2021 and 2022 tax years: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The income brackets, even though, are adjusted barely for inflation. Examine for greater approximately the federal profits tax brackets for Tax 12 months 2021 (due April 15, 2022) and Tax yr 2022 (due April 15, 2023).
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Answer:
Through feedback
Explanation:
Communication is the exchange of ideas between two or more people. Receiving feedback is a sign that you have passed a message across and received a response.
The other options (how quickly message is developed, use of jargon, and use of spell check) does not involve the other party communication is intended for.
So feedback from the other party is the best indicator that communication has occurred.
Answer:
The correct answer is option b.
Explanation:
A monopolist is the only firm in its market. It is the price maker and faces a downward-sloping demand curve. There is a restriction on the entry of new firms. So the monopolist can earn more than normal profit in both short-run as well as long run. The other firms can not join the market because of barriers to entry. So unlike a perfectly competitive firm, the monopolist will continue to earn super normal profits in the long run as well.
Answer:
Case study.
Explanation:
Case study is a process or record of research into the development of a particular person, group, or situation over a period of time.
Answer:
A Stockbroker
Explanation:
A stockbroker is a person engaged in the buyng and selling of stocks and securities on a recognized stock exchange on behalf of his clients/investors.
In investing some money in purchasing some stocks, a stockbroker is the right person to engage because stockbrokers buy securities and stocks from the issuing company directly and they are versatile in this aspect as they know companies with good dividends and interest. They give competent investment advice on stocks and companies issuing securities. It is best to work with and engage a stockbroker in purchasing stocks.
Stockbrokers act like the agent of their clients/investors on whom they enter transactions on the stock exchange. They own their principal, that is the investors/clients duties of reasonable care, utmost good faith, loyalty. The stockbroker has a duty to obtain the best selling price or pay the most reasonable price for the stocks on behalf of his clients.
