Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / guruprasad
Hi,
For Male,
Exemption limit of net income is Rs. 1,60,000/-
From Rs. 1,60,001/- to Rs. 3,00,000/- TDS will applicable @
10% + Cess @ 3%
From Rs. 3,00,001/- to Rs. 5,00,000/- TDS will applicable @
20% + Cess @ 3%
Above 5 lakhs the TDS will applicable @ 30% + Cess @ 3%
For Female,
Exemption limit of net income is Rs. 1,90,000/-
From Rs. 1,90,001/- to Rs. 3,00,000/- TDS will applicable @
10% + Cess @ 3%
From Rs. 3,00,001/- to Rs. 5,00,000/- TDS will applicable @
20% + Cess @ 3%
Above 5 lakhs the TDS will applicable @ 30% + Cess @ 3%
For Senior Citizens,
Exemption limit of net income is Rs. 2,40,000/-
From Rs. 2,40,001/- to Rs. 3,00,000/- TDS will applicable @
10% + Cess @ 3%
From Rs. 3,00,001/- to Rs. 5,00,000/- TDS will applicable @
20% + Cess @ 3%
Above 5 lakhs the TDS will applicable @ 30% + Cess @ 3%
| Is This Answer Correct ? | 13 Yes | 6 No |
Post New Answer View All Answers
Define the term "Manufacturer"as introduced in finance act2010.
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.
How tax deduction at source is deducted
what is procedure to get c form? what is procees to get vat /tin no
We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.
How much is the VAT in UAE
What is total income?
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.
kindly advise me any set off in excise duty in maharashtra
Central purchase is eligible for issuance of H form. Whetther H form can be issued against local purcahse also? What I came to know is : earlier H form can be issued against central purchase only, but after intoduction of VAT, department issued notification regarding issuance of H form against LOCAL PURCHASE also. Is it true? If true then please tell me about notification/ circular/ relevant section or law. Please look into the matter. Thanx n Regards
My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.
How can deduct tds from auction cases (timber)
Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.
