This shows how few people actually file a tax return. For those who file a tax return, this tax does not change their tax liability as it is just a withholding tax which is adjustable in their tax return. Those who do not have to pay taxes like students etc and are above 18 years of age, can file a tax return and get refund of this payment.
Coming to the night packages issue, mobile call charges can easily be tracked through time of use. If the government wants to discourage these night packages, it should levy a direct excise duty of say Rs 2/minute on these packages.
hoor chuupo, hor chuupooooo punjabion hor thoraa hoorr chuuuuuuuupooooooo
are you saying if a person paid 10k in withholding taxes then they get the ENTIRE amount back as a tax refund when they file taxes? that doesn't sound right .. pls confirm!
Kayn je
baki pakistan ko 100 k card par 90 milain gy?
yes they will get 100 refund if they file there returns , but frankly speaking how many people file there returns ???
This shows how few people actually file a tax return. For those who file a tax return, this tax does not change their tax liability as it is just a withholding tax which is adjustable in their tax return. Those who do not have to pay taxes like students etc and are above 18 years of age, can file a tax return and get refund of this payment.
Coming to the night packages issue, mobile call charges can easily be tracked through time of use. If the government wants to discourage these night packages, it should levy a direct excise duty of say Rs 2/minute on these packages.
are you saying if a person paid 10k in withholding taxes then they get the ENTIRE amount back as a tax refund when they file taxes? that doesn't sound right .. pls confirm!
Yes, this is right if you have no taxable income. Withholding tax is an advance tax which is adjustable in your final tax liability. If you have no taxable income at the end of tax year on June 30, you can claim all of this amount withheld in advance as a refund. All mobile phone companies give you a statement showing how much withholding tax has been collected from you and you attach it with your tax return. However, the connection has to be in your name.
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