Interested to Buy Any Domain ? << Click Here >> for more details...
What are the new threshold limits put in the parliment
under New tax code recently for Men, Women and Senior
Citizens
- 1 Answers
- 3762 Views
- I also Faced
- E-Mail Answers
Answer Posted / shirisha
PRESENTLY WE HAVE A TAX EXEMPTIONS FOR MEN IS 1,60,000 AND
WOMEN IS 1,90,000 AND FOR SENIOR CITIZENS 2,40,000. NOW IN
THE PARLIMENT THEY HAVE PASSED THE BILL TO INCREASE THE
EXEMPTIONS RATES FOR THEM. NEW TAX CODE RATES FOR MEN IS
2,00,000 AND FOR WOMEN 2,50,000 AND FOR SENIOR CITIZENS
TOO.THIS RATES WILL BE EFFECTED FROM NEXT ASSESSMENT YEAR
2011 -2012.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
tds will be charged by hotel industry on what
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
what difference in motvat & cenvat? and why this prepared?
IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?
anybody pls tell me about the service tax
What is tha Central sales tax rate 2010 in andhrapradesh
I wanted to know about the taxes in haryana on Software Licenses ( Paper licenses). what is the % of service tax and VAT. and the both the taxes is charged on Base Amount or service tax is charged first and then VAT is calulated on the amount with Service TAX?
What is Cenvat
what is CST % applicable on garments sales to other state?
how we calculate the tds on salary.
what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.
Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
