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New Income tax slab
Tags :
Income tax slab, income tax, direct tax, indirect tax, direct tax code,
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Law, Banking, Insurance
Functional Area : Personal Finance |
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About "New Income tax slab" topic:
Income tax slab is the most sought out question by all the professionals who are working, whether its an employee or a business man, the new direct tax code where they have raise the tax slab to certain level, has made life all the more easy for many in the first place, and these income tax slab is a sure beneficial for all this time around where in the recent budget the tax slabs were raised......
2 insight
, 3 debates
, 3 idea contests
, 1 question
on topic: "New Income tax slab"
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1
Computation of liabilities
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Tax Planning and options to choose
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linda
| Added idea
"hi"
| 1 year ago
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HELLO ( lindaedwin700@yahoo.com ) My name is Linda I am tall ,good looking, perfect body figure and I saw your profile on(toostep.com) and was delighted to contact you, I hope you will be the true loving, honest and caring man that I have been...
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RAMANATHA PRABHU N
| Added idea
"It should be in a systematic manner"
| 2 years ago
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Taxplanning should be in a systematic manner to be effective, there are several types of taxes attracting a sitizen of the country or otherwise, so planning shold be only after tabulating the available datas or estimated datas and after taking in...
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Ideate: "Tax planning" deleted from your view.
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1) Qus. : What are you doing? Ans. : Business. Tax : PAY PROFESSIONAL TAX! 2) Qus.. : What are you doing in Business? Ans. : Selling the Goods. Tax : PAY SALES TAX!! 3) Qus. : From where are you getting Goods? Ans. : From other State/Abroad Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY OCTROI! 4) Qus. : What are you getting in Selling Goods? Ans. : Profit. Tax : PAY INCOME TAX! Qus. : How do you distribute profit ? Ans : By way of dividend Tax : Pay dividend distribution Tax 5) Qus. : Where you Manufacturing the Goods? Ans. : Factory. Tax : PAY EXCISE DUTY! 6) Qus. : Do you have Office / Warehouse/ Factory? Ans. : Yes Tax : PAY MUNICIPAL FIRE TAX! 7) Qus...
Insight: "TAX STRUCTURE IN INDIA " deleted from your view.
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1
Allow tax benefits on Housing loans
2
Remove all taxes!
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P. KINGSTON PREMKUMAR
| Supported idea
"Allow tax benefits on Housing loans "
| 2 years ago
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I agree with you guys. Some people have taken housing loan recently especially to avoid Income Tax. These people will be affected. It should be exepted.
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SR Sham Sunder
| Supported idea
"Remove all taxes!"
| 2 years ago
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Deepak, no country yet has looked into it. Like I have indicated, governance has a meaning and definition. When most government functionaries take a formal oath, they also take an informal oath - "I will do nothing drastically different". ...
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Shaju George
| Supported idea
"Allow tax benefits on Housing loans "
| 2 years ago
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Housing loan repayment should get the same benefits.. or else housing industry itself will get affected.
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Ideate: "New Income tax law from 2011: What changes would you like to see in the new I-T law?" deleted from your view.
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(rate this)
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Applicable
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Not applicable
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Mathew
| Argues in support of
"Applicable"
| 2 years ago
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My argument is that it is aplicable for private sector also. If not it should be applicable for them.
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Debate: "Finance Ministry planing to increase Tax exemption limit of Travelling allowance" deleted from your view.
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Builder – Landowner Joint Developments in the Real Estate Sector normally follow this pattern, wherein the Builder or Developer offers Built-Up Space in the proposed Building to the Land Owner in lie...
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RAMANATHA PRABHU N
| Answered
| 2 years ago
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As per existing capital gains tax law, capital gain tax will be attracted if following three elements exists 1.Transfer of capital asset from one person to another 2. Transfer is for valuble consideration and 3. Transfer of asset took place in...
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Ramakrishna Perumal
| Answered
| 2 years ago
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capital tax will arise only when he sells the property.
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Answer: "What will be the Capital Gains Tax implication for a Landlord who exchanges his Property in lieu of the Building Space he..." deleted from your view.
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Subject: Tax man This was too good not to b forward..... At the end of the tax year, the Tax Office sent an inspector to audit the books of a Synagogue. While he was checking the books he turned to the Rabbi and said, 'I notice you buy a lot of candles. What do you do with the candle drippings?' 'Good question,' noted the Rabbi. 'We save them up and send them back to the candle makers, and every now and then they send us a free box of candles. ..' 'Oh,' replied the auditor, somewhat disappointed that his unusual question had a practical answer. But on he went, in his obnoxious way: 'What about all these bread-wafer purchases? What do you do with the crumbs?' 'Ah...
Insight: "Tax man" deleted from your view.
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is justifiable
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is not justifiable
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MAJETY CHANDRA SHEKHAR
| Argues in support of
"is not justifiable"
| 2 years ago
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The taxes proposed for the year 2009-2010 are not justifiable in view of the increased salaries. Further, the deductions proposed shall also be reviewed.
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Debate: "the income tax slabs for the citizens of india is justifiable" deleted from your view.
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(rate this)
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Income Tax
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0
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Accounting
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Deepanshu Dhingra
| Argues in support of
"Income Tax"
| 1 year ago
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Income Tax Act Is more systematic then accounting system of India though Department is more corrupt sue to people working over there......
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Debate: "Accounting & Income Tax" deleted from your view.
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1
Consult for Income Tax filing, planning or any issues related to Income tax in Bangalore
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Jyothish Menon
| Supported idea
"Consult for Income Tax filing, planning or any issues related to Income tax in Bangalore"
| 1 year ago
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Would like to recommend Tax People. They are everywhere across Bangalore.
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Sanjana Kapoor
| Supported idea
"Consult for Income Tax filing, planning or any issues related to Income tax in Bangalore"
| 1 year ago
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The month is July and the people in Bangalore are looking for Tax consultants. Tax People is one such organization with multiple locations in Bangalore. visit http://taxpeoplebangalore.wordpress.com
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Ideate: "Income Tax consultant across Bangalore" deleted from your view.
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HRA stands for House Rent Allowance, it is an allowance provided by an employer to an employee. The main intention of this is to meet the cost of renting a home. Everybody whose salary package includes HRA is potentially eligible to get some deduction in Income Tax. Most, of the government and private employees have HRA as part of their salary package. In order to get income tax deduction for HRA, you must be paying rent for your accommodation; merely receiving HRA won’t help you to get tax benefit. Are you eligible for deduction under HRA…..??? We have designed and prepared this article to make you understand how you can claim tax deduction for HRA and what is the maximum tax exemption limit allowed for that. You can get tax deductions on HRA only if you are paying a rent of more than 10% of your salary. In majority cases, the rent, especially in cities is well above salary. For the purpose of discussion on HRA, salary means your Basic + Dearness Allowance (DA). Most of us think...
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