Describe both taxable income and personal exemptions. (Economics)

Explanation:

Taxable income refers to the base upon which an income tax system imposes tax. Generally, it includes some or all items of income and is reduced by expenses and other deductions. The amounts included as income, expenses, and other deductions vary by country or system. 

Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. 

explanation:

these are the geographical features of the gupta empire.

1)it inherited the land owned by the mauryan empire.

2)one obvious difference between the two empires is that the gupta empire was smaller that the mauryan.

3)the gupta empire is located in the northern region of the subcontinent underneath the himalayan and hindu kush mountains.

the gupta empire, marked by extensive inventions and discoveries that contributed to hindu culture, in subjects such as science, technology, engineering, art, dialectic, literature, logic, mathematics, astronomy, religion, and philosophy.

this period was also known as the golden age of india

answer; ///(1) blank; henry clay; (2) blank; secretary of state; (c)is your answer; ///good luck