earned by them in the previous year. It is a composite tax on the total of income derived from multiple sources. To compute the tax, income is classified into different slabs and tax is charged as per the rate of the concerned slab. It is majorly classified into: ...
Basics of Income Tax Return Income tax in India is charged based on one’s income, more the income more the tax. Tax is on a range of income called the income slabs. There are 5 types of Income. What is Financial Year and Assessment Year, Difference, ITR,Fiscal Year of World Income ...
Whereas, in the case of the e-payment mode, the taxpayers get the option of making online payments of their direct taxes. They can choose to pay it through net banking of any authorized bank in India. Not everyone is allowed to go for a physical mode of tax payment, and one can discu...
WHAT IS GIFT TAX? WHAT ARE INCOME CLUBBING PROVISIONS AS TO GIFTS IN INDIA AND THEIR TAX IMPLICATIONS?(4) Customer to Customer (C2C): There are many sites offering free classifieds, auctions, and forums where individuals can buy and sell thanks to online payment systems like PayPal where ...
What is average salary in India vs the average wage in India? There is a difference in daily wage and monthly salary. The minimum wage rate in India is ₹170 per day or ₹4,500 per month. In India, the minimum wages payable is fixed by the 1948 Minimum Wage Act. The states dete...
whats your problem whatsup what but what what th whatnow youre not eve whats in a password what - go through what who whatdayisit whateer you like whatever crime or sin whatever mess youre i whatever others asked whatever s in togethe whatever the truth is whatever we want of a whatever...
Income Tax Rate Annual earnings exceeding Rs 5 crores 42.74% Annual earnings below Rs 5 crores 30% Dividends 15% What is the Hedge Fund Structure & Fees? Hedge funds employ a standard “2 and 20” fee system today. The fee structure comprises two components: a management fee typically below...
What is Your Tax Liability? Here’s A Complete Analysis Income Tax - Guide With Examples & Tax Calculator Index * What is income tax- The basics and the meaning of Income Tax * Why should one know about income tax? * Income tax in India * Income tax brackets in India * Calculating in...
which means that it will be taxable according to your income tax slab rate. If you earn an equity fund dividend of more than Rs. 5000, then the amount will be subject to 10% TDS at source if your PAN has been linked with Aadhar. If your PAN is not linked with Aadhar,...
Property tax is an advance that Municipal Corporation or local governing bodies levies on all tangible realty assets of their respective area. In India, every property owner is liable to pay property tax to help the Government upkeep maintenance of public services. Property tax online payment makes...