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Query for labor work

Tax queries 320 views 3 replies

My firm doing only labor work. I do make only labor bill. My yearly labor income is about Rs. 9,00,000/- to Rs. 13,00,000/-. I want to know that which tax will be applicable to me? Income Tax or Service Tax?

Also tell me the higher and lower limit.

 

Replies (3)

Income tax (limit 2L), service tax(limit 10L), PF and ESI provisions would apply to you.

Service tax and income tax both tax laws would be applied to you

Sir,

In this regard you are eligible for registration under various law i.e. Labour Law ( ESIC & PF ), Income Tax ( File ITR) & Service Tax etc. further it is requested to you plz taken the registration as soon as possible.

 


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