Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


i am brijesh i geting annul packge 600000 can u help me how
much i give tax to government

Answers were Sorted based on User's Feedback



i am brijesh i geting annul packge 600000 can u help me how much i give tax to government..

Answer / ullas patil kulkarni

Provide the full details of your package like your
investments(PF, LIC etc) and DA HRA CCA, other perks atc.

Then only it is possible to calculate exact tax.

any way for the amount 600000 the tax would be:
150000 0
150000 15000
200000 40000
100000 30000
_______ ______
600000 85000

+ EC(3%) 2550
______
87550(your Tax)

Is This Answer Correct ?    3 Yes 2 No

i am brijesh i geting annul packge 600000 can u help me how much i give tax to government..

Answer / satyaki_raju@yahoo.com

To minimise tax burden there are so many legally accepted
ways. To avail and calculate you have to let me know Your
savings in detail, Children education tution feeses in
detail, Savings other tahn on your name,House rent
particulars,Ownership of house property if any,Your Form 16
given by your employer.
I am a tax Practioner, So I can advice you and guide you to
escape legally from the burden. If you really seek advice
you send your e-mail to me

Is This Answer Correct ?    1 Yes 1 No

i am brijesh i geting annul packge 600000 can u help me how much i give tax to government..

Answer / arvind

Just go on to the Income tax site of GOI you will get a Tax
calculator in there you just need to enter the amount asked
in there and it will automatically populate the amount of
tax you will incurr but this does not includes your savings
n others like house property allowances and all. If you
wanna calculate on your own you need to know what are your
savings, investments etc. By knowing this you may get some
deductions in your tax.

Is This Answer Correct ?    0 Yes 0 No

i am brijesh i geting annul packge 600000 can u help me how much i give tax to government..

Answer / raghavendra

Hi, just Adding to the Ulhas's Answer

150000 0
150000 15000
200000 40000
100000 30000
_______ ______
600000 85000

+ EC(3%) 2550
______
87550(your Tax)
-(2000)(Rebate U/S 92E)(Read under Income Tax Rule Act 1962)
-------
85550
-------

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

i m a bcom holder. ijust want to know abt procedure of ICWAI whether how muck years of Articleship job, when should i have to do that whether after/before Intermediate course?

4 Answers   ICWAI, Jindal Steel and Power,


diff. between accounts & finance

1 Answers  


what is net worth

24 Answers   Bajaj, Capital IQ,


what is a JOURNAL ENTRIES FOR ISSUING A dabit NOTE

10 Answers  


what is vlsm?

3 Answers   Cisco,


You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

0 Answers  


What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.

0 Answers   Thomson Reuters,


What is Balance sheet? How to know the financial position of the company in balance shhet?

5 Answers  


Why Banking companies didn't show EBIT in income statement?

2 Answers   State Bank Of India SBI, TATA,


What experience have you had in fixed assets accounting?

1 Answers   CESC,


DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?

0 Answers  


how to calculate the Current Ratio, Liquid Ratio & Operating Ratio

6 Answers  


Categories