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Question:-
can you list three things that the government does which have not been mentioned
Answer :-
the government does the following things :-
(i) arrangements of proper education to every child.
(ii) prepare different laws for the whole country.
(iii) printing of currency notes..
1. Not reporting interest income
This is a common mistake. Interest income from fixed deposits, recurring deposits and even tax saving bank deposits and infrastructure bonds is fully taxable.
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