Questions tagged [government]

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2answers
81 views

Am I eligible for applying PMAY scheme?

I am planning to buy a home and my father already own a home. Am I eligible for applying PMAY (Pradhan Mantri Awas Yojana-Housing for All (Urban)) scheme? Thanks in advance
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1answer
159 views

Text message about my tax return, fraud?

I am on holiday in Russia. I am from the United Kingdom. I received a text message from GOV saying: A tax return is pending due to previous overpayments. Follow the secure link to claim your ...
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0answers
123 views

if you're a federal employee and you quit during the shutdown will you still get backpay?

Right now there are 800,000 or so furloughed federal employees that aren't being paid. Many of these employees are being forced to continue working despite not having received a paycheck. My question ...
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5answers
12k views

How does the government shutdown affect tax returns?

Has a government shutdown in the past affected tax returns? In terms of refunds, is there anything to be expected differently based on historical precedent?
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1answer
186 views

Why is tax so high on petrol and diesel in India? [closed]

https://en.wikipedia.org/wiki/Fuel_tax#India In India, the pricing of fuel varies by state, though central taxes still are part of the pump price of fuel. The Central and state government's ...
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0answers
74 views

Are taxes payable on bounties offered by governments?

Say the police is offering 1 million US dollars for information leading to a capture of a notorious criminal. Say you provide this information to the police, and they have to pay you 1 million of ...
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1answer
2k views

Capital gains tax on US treasury bonds

If one buys 30 year bonds directly from the treasury, I understand the semi-annual interests are taxable at federal level. But what about capital gains in case the bonds are purchased at a discount ...
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3answers
154 views

Local government or private pension?

This question relates to the UK LGPS. On the surface, this seems less flexible and potentially gives less return than a private pension. Yes, private pension pay-outs fluctuate depending on the ...
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1answer
101 views

What does cryptocurrency mean for governments? [closed]

As far as I understand, governments & banks create money into existence. Governments, when run correctly, use it to build infrastructure, give grants and create jobs. What if everybody begins to ...
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1answer
136 views

What happens to brokerage accounts during severe financial crises? [closed]

It's well known that during, for example, the recent Argentinian great depression (1998-2002) or the ongoing Greek government-debt crisis, the bank accounts of members of the public were frozen, and ...
2
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1answer
238 views

What is the difference between section 8 and section 515 housing in the U.S.?

I have been looking for an apartment. I found a place that is inexpensive, and I did more research and discovered that it is section 515 housing. Apparently this is among the types of housing people ...
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1answer
108 views

Why is there a lack of correlation between the global usage of oil and the price of oil? [closed]

The list below illustrates the world's usage of oil and it's respective average price for that year. Given that the global demand for oil is rather inelastic what explains the large disconnect between ...
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2answers
2k views

How secure is my 403(b)? Can its assets be “raided”?

I work at a state university and contribute to my 403(b) retirement account on a twice-monthly basis, maxing out the matching funds. I also contribute a smaller amount to another account, after ...
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1answer
111 views

What solar panel subsidies does Australia have right now?

I'm thinking about buying solar panels for my house. Only thing is I'm not sure whether to wait. I've been told that the value of solar power in Australia has remained largely the same - this is ...
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1answer
3k views

Can customs access PayPal payment data

After buying an item internationally customs intercepted the package and was asking in its declaration form for the PayPal receipt if applicable. Falsifying such a receipt would be beyond easy, so, ...
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1answer
410 views

For Federal Crimes, where does the money collected from penalties go? [closed]

Today it was announced that Hewlett-Packard, HP, has to pay a $108 million dollar penalty to the Department of Justice, DoJ, for pleading guilty to bribery and money laundering. My question is, where ...
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2answers
774 views

How does the Pension system work in Poland?

I've been reading articles I found in chat about the Polish pension system and how it is changing. (Chat room: http://chat.stackexchange.com/rooms/22/show-me-the-money) I'm trying to understand how ...
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2answers
1k views

Why do interest rates increase or decrease?

Do interest rates increase based on what the market is doing, or do they solely increase based on what the Federal Reserve sets them at? Why is it assumed that interest rates are going to increase ...
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1answer
912 views

Does total US public debt include state debt?

When I see total US public debt, I wonder whether state debt is included. If "total US public debt" used differently for different cases, I will restrict my case to the usage in national accounting/St....
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3answers
188 views

Protecting savings from exceptional taxes

Cyprus sets a sad precedent in the sense that a government considered taxing up to 10% of private bank savings in order to improve the financial situation of a country. The decision did not pass but ...
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3answers
12k views

can the government or debt collectors garnish money from any bank account to which the debtor has access?

A trusted family member has access to my savings account. The savings account is mine, but the family member's name appears next to mine, which means that they are entitled to withdraw money from the ...
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1answer
1k views

How can I donate money to the Canadian federal government?

Lots of governments accept donations from members of the public. For example, I know the government of Ontario accepts donations through the Ontario Opportunities Fund. I also know that the US federal ...
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1answer
285 views

Governments Debt/GDP and Budget (deficit/surplus), how to read the figures to decide what bonds to buy?

After searching for hours on Google I found these two great tables (theya are also sortable): list of Government Debt to GDP ratio list of Government budget (I took hours to find this because I ...
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2answers
2k views

What does “running a very large fiscal deficit” mean?

Recently I was reading an article on ft.com, and I came across this quote: They [yield on gilts and bonds] are particularly striking in the cases of the US and UK,which unlike Germany, run very ...
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1answer
7k views

FAFSA: Do I still report my parents' income if I am not claimed as dependent?

I'm 19 and it's nearly time to fill out the FAFSA again. Most of the time, until you're 24 (or is it 25?) you report your parents' income on the FAFSA. However, my parents do not claim me as a ...
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2answers
122 views

Open budgets in open data [closed]

I heard about the idea of open data which aim is to provide various data from governments. Will data about the government budget (money gained mostly from taxpayers), finances, spendings be available ...
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2answers
354 views

What are the risks of euro deposit accounts in Greek and Cypriot banks?

What is the risk of having 100k euro in accounts in Greek banks and Cypriot banks? Is there a guarantee? I assume that the state guarantee for deposits doesn't hold when a country defaults.
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4answers
6k views

How can all these countries owe so much money? Why & where did they borrow it from?

When I look at this long list of countries with debt, I get the feeling we've all been sold a load of manure. How can so many countries owe so much money? Generally speaking, why did they borrow it, ...
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6answers
49k views

Where do countries / national governments borrow money from? [closed]

It seems that every country on Earth is in debt, but nowhere on the news do they ever mention to who. If countries are all in debt to each other then why not just cancel all the countries debt. If it'...