Taxes & Paychecks finschool by 5paisa
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She did not understand what the deduction was about. So she turned to her friend, Anil to clear out her doubts.
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Anil explained that the deductions were just withholdings. "Withholdings is the portion of your paycheque that your employer withholds for the government."
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It is paid in this way so that we do not end up owing it at tax time..
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to know about withholdings stay connected
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web story (7)