| Each country has its own tax system, and be | | | | government offers to pay less tax under section |
| aware of your country, the tax is very important. | | | | 80C. You can invest up to Rs 1 lakh and save tax |
| You must be aware of the different taxes you | | | | up to Rs 30,000. Similarly, for other countries, you |
| pay that is actually used by the Government to | | | | can put it just after simple investment and tax |
| provide public services. | | | | advice tax savings. |
| You must file a tax return if you have taxable | | | | Regarding tax credits from Canada, the United |
| income the amount of money. If your business in | | | | States, Singapore government offers various tax |
| the United States during the year, or if you have | | | | credits and benefits. One of the last being "Health |
| assured the United States (as part of your work), | | | | in Pregnancy Grant tax", under this new tax credit |
| May you be required to file tax returns in the | | | | from April 2009, May you be able to get at once, |
| United States even if you live in India today. It is | | | | without paying for tax if you are a mom to be. If |
| very important to file taxes on time and | | | | you are a mom, you can apply for health care |
| accurately to avoid any control. And for taxes on | | | | during pregnancy from 1 January, if you are |
| the file, it is important that you are fully aware of | | | | supposed to give birth to a baby or after 6th |
| the filing fee and tax saving procedure. | | | | April 2009. Similarly, if you have a family and you |
| But equally important is to know about taxes, it is | | | | must raise your children, then you are eligible for |
| also important to know about tax savings tips and | | | | child tax benefits. |
| tricks. You know that many countries offer | | | | Thus, it is very important to know about tax and |
| various tax benefits as tax credits. | | | | benefits that this will help you save and get a lot |
| Speaking of tax saving tips, different countries | | | | of money. Remember at this time of recession, |
| have different tax cuts. For example, the India | | | | every penny saved is to turn the money earned. |