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Revision as of 23:25, 15 May 2026


Through the proposed DTC / GST legislations, brand new has acknowledged the need of new revenue system however the proposed new laws apparently appear become even more complicated then the present one.

B) Interest earned, instead of paid, during a bond year, must be accrued at the end of the bond year and reported as taxable income for that calendar year in the fact that bond year ends.

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