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Withholding Tax Meaning In Bengali
Withholding Tax শব্দের বাংলা অর্থ কি: প্রতিসংহার ট্যাক্স
Withholding Tax
Definition
1) Withholding tax is an amount of money the payer of the income pays in advance to the government.
2) It is a tax deducted at the source of income.
3) Withholding tax is paid on income such as wages, salaries, dividends, and interest.
Examples
Withholding Tax Example in a sentence
1) The company deducted the withholding tax from my salary.
2) Investors need to be aware of the withholding tax rate on dividends.
3) Foreigners are subject to withholding tax on income earned in this country.
4) The government enforces strict penalties for non-compliance with withholding tax regulations.
5) The payee must report the withheld amount for withholding tax purposes.
6) The withholding tax is automatically deducted from interest payments.
7) The corporate office handles all matters related to withholding tax.
8) The contractor is responsible for remitting the withholding tax to the tax authority.
9) The employee was surprised by the amount of withholding tax deducted from their bonus.
10) The accountant advised them to review the withholding tax regulations before making any payments.
Synonyms
Encyclopedia
Withholding tax is an amount of money the payer of the income pays in advance to the government.
It is a tax deducted at the source of income.
Withholding tax is paid on income such as wages, salaries, dividends, and interest.
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