This Query has 2 replies
As per my opinion the Expected Tax Rate Slabs for the cooming Finance Bill, Act 2008 will be as under:(individual only)
For individual(other than women & senior citizen):
upto Rs.1,25,000- tax rate-nil
12,5001-1,50,000-tax rate-10%
1,50,001-2,50,000-tax rate-20%
2,50,001-10,00,000-tax rate-30%
Above-Rs.10,00,000-tax rate-30%
surcharge being same as 10% in case of total income exceed Rs.10,00,000. Edu cess being constant at @ 3%
For a women being age below 65yrs.
upto Rs.1,65,000-tax rate-nil
1,6,5001-2,50,000-tax rate-20%
2,50,001-10,00,000-tax rate-30%
Above Rs.10,00,000-tax rate-30%
surcharge being same as 10% in case of income exceed Rs.10,00,000.
Edu cess being constant at @ 3%
For senior citizen (Age remain 65yrs. or above)
upto Rs.2,05,000-tax rate-nil
2,05,001-2,50,000-tax rate-20%
2,50,001-10,00,000-tax rate-30%
surcharge being same as 10% in case of income exeed Rs.10,00,000.
Edu cess @ 3%.
post your's opinion in this regards is it (A)Good, (B)Better, (C)Best,
(D)Not Bad, (E) very Rediculus.
from umashankar vaishnav
C.A.-Final
This Query has 8 replies
Hi,
One of my client is a outsourcing company wherein they supply manpower to corporate where the employee are on the payroll of my client in turn my client received the payment from the corporate. I would like in this case will it be covered under profession or contract for the purpose of TDS.
This Query has 3 replies
As per my opinion the Expected Tax Rate Slabs for the cooming Finance Bill, Act 2008 will be as under:(individual only)
For individual(other than women & senior citizen):
upto Rs.1,25,000- tax rate-nil
12,5001-1,50,000-tax rate-10%
1,50,001-2,50,000-tax rate-20%
2,50,001-10,00,000-tax rate-30%
Above-Rs.10,00,000-tax rate-30%
surcharge being same as 10% in case of total income exceed Rs.10,00,000. Edu cess being constant at @ 3%
For a women being age below 65yrs.
upto Rs.1,65,000-tax rate-nil
1,6,5001-2,50,000-tax rate-20%
2,50,001-10,00,000-tax rate-30%
Above Rs.10,00,000-tax rate-30%
surcharge being same as 10% in case of income exceed Rs.10,00,000.
Edu cess being constant at @ 3%
For senior citizen (Age remain 65yrs. or above)
upto Rs.2,05,000-tax rate-nil
2,05,001-2,50,000-tax rate-20%
2,50,001-10,00,000-tax rate-30%
surcharge being same as 10% in case of income exeed Rs.10,00,000.
Edu cess @ 3%.
post your's opinion in this regards is it (A)Good, (B)Better, (C)Best,
(D)Not Bad, (E) very Rediculus.
from umashankar vaishnav
C.A.-Final
This Query has 6 replies
while filing revised return , the original copy of first return should be enlosed or not?
This Query has 1 replies
Good Morning all of You
I'm Akhilesh kumar require a format of MOA and AOA of Dairy Cooperative Society/ any cooperative society.
If any one have Please forward on my mail Id akhilesh_nigam@yahoo.co.uk
I would be thankful to you
with regards
Akhilesh Kr.
Id akhilesh_nigam@yahoo.co.uk
This Query has 2 replies
we are importing raw material against advance licence and we do export to clear the the export obligation against advance licence. what is the accounting treatement when we are getting benifit of duty against advance licence
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I have incurred a loss of narly 2.5 to 3 lacs in recent stock market crash.
whereas I have earned profit on sale of property ( short term capital gain ) of Rs 2.5 lacs in current year.
Kindly advise how I should compute my taxable income.
Can I set off stock market loss against my profit on slae of property
This Query has 1 replies
I am CA FINAL Student ll appear in May 2008 exam want to know what r the Amendments applicable for IDT paper what is the Cut off date of Amendments application is it 30th june 2007 or 31 st oct 07 please answer me
and where i can get these Amendments tell me
This Query has 3 replies
There is a partnership firm which is subject to tax audit.It has already electronically filed its Income Tax Return.Is it necessary for the partners of the firm to e-file their individual income tax return? The partners have already submitted their individual return in paper form for the A.Y.07-08.Should they again e-file their return?
This Query has 3 replies
What is the TDs rate to be deducted for non resident individual when there is no agreement with the non resident and the pyament is advance amount
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Expected Tax Rate Slabs For Cooming Finance Bill Act, 2008