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| *The Commerce Journal>>>India Taxes |
Pls tell me something about income tax rules 80c 80d arrears and all? |
Pls tell me something about income tax rules 80c 80d arrears and all? Details for 80c. (Max. Deduction Rs.1 lakh) |
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Go to Citi Bank and ask them ...An Example of Proper Tax Planning Mr Abhay, 35, a manager in a software company, earns an annual salary income of Rs. 12,09,000. He has existing investments of Rs 2 lacs in 8% GOI Bonds and Rs 2... If your friend is a male and <65 years of old: Total Taxable Income: Rs.4,00,000: Tax there on Rs.69,000+Edu.Cess=2,070 = Tot. Tax.= Rs.71,070/- If he invest Rs.1 lakh. in 80c tax savings ... Goods involved in works contract鈥?have been included in definition of 鈥榮ale鈥?w.e.f. 11-5-2002. Note that the CST is on 鈥榞oods involved in works contract鈥?and not on 鈥榳orks contract鈥?as such. This d... Gross Total Income = 1424066 Less Deduction U/s 80C = 100000 Deduction U/s 80D = 15000 ... Your PAN card will be dispatched through courier service. I think that the PAN card might have been returned back due to door lock when the courier boy came to your house. Or there may be some er... Tax : 2% Surcharge : 10% of Tax Education Cess : 3% of tax and surcharge. Hence over all rate will be 2.266% if surcharge is applicable otherwise the rate will be 2.06%. ...The money you earn out side India as a NRI, is not taxable in India. When you lose your NRI status, then you have to pay taxes in India from that year. You can construct a house, purchase of ho... |
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