Tell me how many taxes applicable in a Company and How can
I calculate ?
Answers were Sorted based on User's Feedback
In the Company there are 3 types of Taxes are applicable
They are,
> VAT ( Value Added Tax) @ 4% With in State
> CST ( Central Sales Tax)@2% Outside the State
> Income Tax @30% from Net Profit (After partners
renummeration's)
> You may also Collect TDS from your Creditors While making
payment & Pay it to IT Dept. Montly
> Service Tax
Is This Answer Correct ? | 10 Yes | 3 No |
Answer / murugesh
In the Company there are 3 types of Taxes are applicable
They are,
> VAT ( Value Added Tax) @ 4% With in State
> CST ( Central Sales Tax)@2% Outside the State
> Income Tax @30% from Net Profit (After partners
renummeration's)
> You may also Collect TDS from your Creditors While making
payment & Pay it to IT Dept. Montly
> Service Tax
Is This Answer Correct ? | 1 Yes | 2 No |
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