Union government presented an Interim Budget. The budget is a vote-on-account because the government seeks to Lok Sabha’s sanction (voting) to spend for immediate expenditures until a full budget is presented. Once the norms in the budget are in force,…
Tag: middle class
Everybody Pays Taxes Including Those Below Poverty Line
People have tendency to think that the lower middle class people don’t pay tax at all. Even they (lower middle class people) themselves think the same way. If you ask anyone from that category whether they are paying taxes, they…