i m agent of reliance life insurance i have sold one
traditional product of premium size 10,000/- rs and
comission rate is 18% what will be net comission will be
recd by me after deducting service tax and tds ?

Answer Posted / rajan t.

I am agree for 2nd answer for Service Tax deduction.

Is This Answer Correct ?    3 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

in a company, if employee contributing To PF equal to employer contribution. can he voluntarily stop his contribution while he is in service with that company?

1411


What items come under deferred tax liability?

648


ON WOODEN FURNITURE EXCISE IS APPLICABLE OR NOT ?

1759


1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.

2224


what is form requirment for monthly, quartely, and yearly sale return for haryana

1658






If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion

1399


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 )

19767


how we issue the road permit to seller for receiving the rearing material

1903


Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere

1798


what should be the research and methodology of business taxation?

1617


Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.

1692


What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19

1211


What is the difference between Indian and us taxation

2184


What do you understand by transfer income?

640


I want to know the TDS ammount which deducted by company.

4624