tax deduction - Meaning in Tamil
tax deduction - Meaning in Tamil
Sorry, exact match is not available in the bilingual dictionary.
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Definitions and Meaning of tax deduction in English
tax deduction noun
- a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket
Synonyms
deduction, tax write-off
Description
A tax deduction or benefit is an amount deducted from taxable income, usually based on expenses such as those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits. The difference between deductions, exemptions, and credits is that deductions and exemptions both reduce taxable income, while credits reduce tax.
Also see "Tax deduction" on WikipediaAlso See
What is another word for deduction ?
Sentences with the word deduction
What is tax deduction meaning in Tamil?
The word or phrase tax deduction refers to a reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayer's income bracket. See tax deduction meaning in Tamil, tax deduction definition, translation and meaning of tax deduction in Tamil. Find tax deduction similar words, tax deduction synonyms. Learn and practice the pronunciation of tax deduction. Find the answer of what is the meaning of tax deduction in Tamil.
Other languages: tax deduction meaning in Hindi
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What is tax deduction meaning in Tamil, tax deduction translation in Tamil, tax deduction definition, pronunciations and examples of tax deduction in Tamil.
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