Hello everyone,
I have question: Suppose I earn 35,000 a month working for a company (proprietorship). They don't deduct taxes. They've asked me to pay taxes directly.
1. How much tax do I pay per month (salary=35k/month)?
2. Can I pay my taxes on per month basis (so i don't have to pay a lump sum amount at the end of the year)?
3. What if my salary changes from suppose 35000 to 40000 after couple of months, how do I calculate then?
I'd appreciate if anyone can help me in answering these questions.
Thank you!
Regards,
DS