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current tax slab rates


News

RBI keeps repo rate unchanged at 7.25%, CRR also unchanged at 4%


Monetary and Liquidity Measures On the basis of an assessment of the current macroeconomic situation it has been decided to keep the cash reserve ratio CRR of scheduled banks unchanged at 4 0 per cent

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Amendments in Rules 10A, rule 10AB, rule 10B, rule 10C, rule 10D, rule 10E and Substitution Of Form NO.3CEB - Income-tax Rules, 1962


TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 SUB SECTION ii GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES Notification New Delh

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New ITR form released


GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi the 11th day of June 2013 Income tax S O 1513 E In exercise of the powers conferred b

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Gross Direct Tax Collections During April-May of Current Financial Year 2013-14 Up By 21.10 Percent at Rs. 63,252 Crore as Against Rs. 52,231 Crore in the Same Period Last Year


Gross direct tax collections during April May of the current Financial Year 2013 14 is up by 21 10 percent at Rs 63 252 crore as against Rs 52 231 crore in the same period during the last fiscal While

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Cost Inflation Index - 2013-14 - 939


GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION No 40 2013 INCOME TAX New Delhi the 6th day of June 2013 S O 1464 E In exercise of the powers c

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Discussion

Taxation of trust

Whether basic exemption limit limit is applicable on trust if yes then please give me proper sec reference Thnx in adv

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E-filing of tax returns

E filing of tax returns made simple Hit Likehttp on fb me wxIUVs

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Tax on foreign incom

Hi If someone has NRI status for last financial year and in current financial year he is returning to India in month of Aug Then does he has to pay tax for foriegn income April Aug or only on income a

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Input tax reversal under tnvat

Dear All Please clarify me in this regard A co deals in trading of goods and purchases the same from manufacturer and sells to retailers In case if the purchase price is more than selling price ie the

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W.b. p.tax query

A PERSON IS PART TIME EMPLOYED IN A COMPANY WHERE P TAX OF RS 700 HAS BEEN DEDUCTED FROM HIS SALARY HE IS ALSO HAVING SOME PROFESSIONAL INCOME WHERE HE HAVE EARNED 2 30 000 IN THE F Y 2012 13 NOW HE W

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File Download

  • Fixed Deposit Calculator: Advance Tax Liability

    http freefincal wordpress com 2013 06 10 comprehensive fixed deposit calculator i total and advance tax liability

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  • Service Tax not payable on Electricity charges as it is not

    Service Tax not payable on Electricity charges as it is not part of renting of immovable property service

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  • Income Tax Calculator for AY 2013-2014

    Income Tax Calculator for AY 2013 2014 www sandeepchaure webnode com

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  • Procedures to e- file the Tax Audit Report for AY 2013-14

    Procedures to e file the Tax Audit Report for AY 2013 14

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  • Tax Audit Report

    Procedure to e file tax audit report

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Experts Opinions

Deferred tax asset recognition


DEAR MEMBERS I HAVE A QUERY RELEVANT TO DEFERRED TAX ASSET CREATION FOR CLOSING BOOKS OF ACCOUNTS FOR THE F Y 2011 12 I HAVE PASSED AN ENTRY FOR DEFERRED TAX CONSIDERING THE SEC 43B DISALLOWANCES HOWE

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Penality on late payment of property tax


Friends is it allowed interest penalty paid on property tax for deduction from service tax we are paying property tax with interest penalty how i can claim property tax deduction from service tax paid

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Tax liability


Whether Gratuity Provident fund or other retirement benefits to a government employee on retirement are liable to income tax Whether pension is taxable

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Interest income taxability


I have FD with interest income and that interest is reinvested in that FD Whether the interest income is to be treated as income in the accrued basis each year or after the maturity of FD as per cash

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Excess service tax charges in bill is submited


Dear Sir my company is get work order for A B work against that we charges ST in bill on A B work but as per work order we have to charges ST on A only but we charges on both and paid by challan to ST

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Articles

How to adjust excess service tax payments


According to the Proviso of sub rule 1 of Rule 6 of the Service Tax Rules 1994 reads Providedalso that the service tax on the value of taxable services received during the month of March or the quarte


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Point of Taxation Rules 2011 - Part 1


Hello Friends This is my first article on this plat form Please go through it and let me know if there is any mistakes or areas to be improved Areyou able to guess which tax it relates to Excise duty


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Overview of Service Tax Voluntary Compliance Encouragement Scheme, 2013 - Series 1


The Service Tax Voluntary Compliance Encouragement Scheme VCES has been implemented with effect from May 10 2013 with the enactment of the Finance Bill 2013 We have prepared and summarized overview of


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Service Tax on Builders


The revenue and the builders have always been at dispute when comes to leviability of service tax on the consideration received in advance by the builders developers from the prospective buyers of imm


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A few aspects of applicability of Tax audit


The voluntary tax compliance by the taxpayers considerably widened after the insertion of tax audit under section 44AB in the Income tax Act 1961 by the Finance Act 1984 An important revision to Tax A


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Updated on : 6/20/2013 6:20:30 PM


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