Tell me how many taxes applicable in a Company and How can
I calculate ?

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Tell me how many taxes applicable in a Company and How can I calculate ?..

Answer / vinoth kumar

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

Tell me how many taxes applicable in a Company and How can I calculate ?..

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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