Word info Synonyms Antonyms

deduct

Verb

Meaning

To lead forth or out.

To take away, separate, or remove, in numbering, estimating, or calculating; to subtract; -- often with from or out of.

To reduce; to diminish.

Source: Webster's dictionary

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subtract this amount from my paycheck Source: Internet

My employer is withholding taxes Source: Internet

Accordingly, employees who agree to deduct the tax from their salaries, and have earned between Rs 750,000 to Rs 1.5 million in total from January to March will be liable to a six percent tax rate. Source: Internet

But under the old rules, if you deduct Rs 2 lakh (20% of your income) under various sections like 17(2)(viii), 80C, 80D and 24b, your tax dues fall to Rs 75,400. Source: Internet

Additionally, the ability to deduct state and local property taxes has been capped at $10,000, where a limit didn't previously exist. Source: Internet

It also requested the Osun State Government to deduct from His Lordship gratuity, salaries received by him from September 3, 2020, and remit same to the National Judicial Council”, Oye. Source: Internet

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