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What is act 32

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What is act 32

Posted by Akash Kumar 3 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 3 years, 7 months ago

Act 32 is a law that streamlines and standardizes the local earned income tax system. Act 32 requires uniform withholding of earned income taxes and remittance to a single local collector or Tax Officer. The act applies to the earned income taxes levied and collected after December 31, 2011.

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CBSE > Class 12 > Accountancy

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