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 Where is my Stimulus Rebate Check???
Ok...is anyone else in my situation?

My SS# last 2 digits fall between 00-21 and I was "suppose" to receive my rebate on May 2 by direct deposit according to my "...


 Is there a law stating we have to pay federal taxes?
I have been doing some research into the Federal Reserve Bank and how it states in our constitution that hiring a private bank to mint monies for the government is illegal. As a result of the F...


 Why do i pay fica taxes? what are fica taxes?
I know that I am paying twice as much for FICA as I am federal withholding. What's this all about?
Additional Details
But why is it so much? I'm paying DOUBLE what I am in ...


 Can the IRS take money from my tax return If my husband owes?
My husband owes money from a business he closed but has not been able to find a job to pay it off yet. So, Can the IRS take money from my return if I file him as depemdaent? he has not worked at all ...


 TAX THE FAT - are you with me?
I think the government should bring in a new tax for the obese. They should be charged by airlines as we are when our baggage allowance exceeds the limit. Also because they need bigger seats as R...


 Can you file tax for an unborn child in Oregon if it's closed to your due date?
...


 Why did I get different amounts of tax taken from two seperate checks?
I recieved 2 checks this period, one was my regular salary paycheck, and another was a slightly higher bonus check.

On the paycheck the federal government took out 6%, and the state took ...


 Does a mortgage payment contrbute towards a tax deductible expense?
...


 What can I exspect if I have not filed my taxes in four years.?
I would like to know what I need to do in order to get my taxes straightened out....


 Does someone need to pay taxes on rent collected if it is passed between family?
If woman A and woman B have an agreement that woman A will collect rent from a property woman A owns, and give $1,000 per month to woman B, is woman B required to pay income tax on this sum? Woman A ...


 What do Social Security Disability recipients need to file to receive their tax rebates?
Is there any special form that needs to be filed to receive the tax rebates? I am inquiring for a person I know on Social Security disability who hasn't filed in the last two years and may be ...


 How much do you make a year?
...


 I receive my mother's pension each month since her death. Is this income considered inheritance and taxed?
...


 How is raising the minimum wage and cutting taxes a good thing?
Doesn't taxes pay for social services and other programs?

Where does our taxes really go?...


 My grandmother is ofn a fixed income 650 a month, but her utility bill is about 6,500 please help me.?
...


 Ive been offered a job in italy starting next week ,ime going to miss you all thanks for the questions peter?
email me when ime away at strongbowpeter@yayoo....


 I only earned 967 dollars last year i have 2 chidren do yall think i will qualify for earned income?
...


 Has anyone received stimulus rebate with ss higher than 20?
...


 Tax question?
my 2 kids, who are minors inherrited some money from their grandma. they earn about $5000 each in interest on this money, do they have to file a tax return, and if not, at what point do they have to ...


 IRS taxes (Simple pay option) Deposit NOT yet in my account HELP!!!!?
My e-file (IRS) tax application was accepted on the 11th but..
The IRS said they would be depositing the $$$$$ today the 25th (08') And the refund has yet to hit my account today the 25th<...



naina1
Why financial year start from 1st april in india?
                     
 




lmtz_5889
because they are not americans


N.J.Reddy
Rating
It is because of British people ruled our country. Many British practices are still in force. Some time back there was a talk to change the financial year to full years. Afterwards there is no news.

It is truly a disadvantage. Every time to mention two years for a financial year or Assessment Year.

Also left hand drive. This is also because of British rule.


ankit setia
Rating
1) The Income-Tax Act was enacted in 1961. The Act came into force from April 1, 1962 and that's why our financial year begins on April 1 every year.

2) So that accounting year doesnt coincide with the periods of high activity, such as Christmas and New Year.

3) Inventories are higher during December end, thus making it difficult to measure accurately.

4) India being an agricultural economy, revenue generally
depends on the unpredictable outcome of the main crop being ripe in feb./march.


wjohagan
It's a leftover from the Raj.


saharaaj
Rating
It is related to cropping pattern of rabi and khariff.
The budgets were formulated dependin gupon the noth west monsoons


SNK
India is an agrarian economy and the crop patterns anr kharip and rabbi. The kharip starts in the month of April and the second pattern i.e.rabbi ends in the month of March. Hence the financial year set for to start from 1st April.


kirsun10
Snk, i never saw it that way.....beginning of a new harvest


Jay M
Rating
its related to April fool day ! ! ! ???
Ok, its British tradition, i think


angel
Rating
because they finish all the accounts in the industry only in march 31st.


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