help ?

Save Share

This query is : Resolved

Yusuf (Querist)
Follow

30 August 2010 What is vat , service tax & income tax.
and what are law on following :
1.EMPLOYEE
2.SELF EMPLOYEE
3.COMPANYS
4.INVESTER

kindly , provide these information pleaseeee..

hoping for ur kind help ?
thanks

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

30 August 2010 VAT- is an Indirect tax, applicable to sale & purchase of goods and leveied by the State Govt

Service tax-is an Indirect tax, applicable of services and leveied by the Centrl Govt

Income tax is a Direct tax, applicable on Income of a persons

Employee- is a person working with employer

Self employee-person having working own without any employment

Companys- Registered person under Companies act,1956

Investor- person who is Giving funds for Investment

Yusuf

Yusuf (Querist)
Follow

31 August 2010 All are fine but I was asking that ?
how much tax does this following pays to government ?

1.EMPLOYEE
2.SELF EMPLOYEE
3.COMPANYS
4.INVESTER

thanks in advance..

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

02 September 2010 You are asking Total VAT,ST. Income tax act in single reply

VAT- based on state
ST- 10.30%
Income tax based on slab

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now