…000. ~ Females are exempted from tax on income upto Rs: 1,90,000 ~ In the year 2009-2010, Personal Income Tax contributed 17.6% of the Total Tax Revenue. (Rs:1,12,850 crores) b) CORPORATE TAX: ~ Corporate tax is levied on the profits registered corporate firms. ~ Since a company is given a legal status, corporate tax is a direct tax. ~ At present (2010), the corporate tax rates are: ^ INDIAN FIRMS – 30% + 7.5% surcharge. ^ FOREIGN FIRMS – 40% + 2…
Filed under Tax Gift by on Mar 29th, 2011. Comment.
oncepts crystal clear. In just a few hours you’ll grasp the essence of the entire course. . . effortlessly. PART ONE (INDIVIDUALS): Lecture 1: HISTORY AND DATA GATHERING; FILING STATUS & REQUIREMENTS; TAXABLE AND NONTAXABLE INCOME Lecture 2: ADJUSTMENTS TO INCOME; ITEMIZED DEDUCTIONS Lecture 3: EMPLOYEE BUSINESS EXPENSES; BASIS OF ASSETS; GAINS AND LOSSES Lecture 4: RETIREMENT PLANS; TAXES AND CREDITS; Lecture 5: ALTERNATIVE MINIMUM …
Filed under Books by on May 8th, 2010. Comment.
BUY NOW!: The new Form 990: the expected changes are now here. : An article from: The Non-profit Times Low Price: $5.95 Features: Product DescriptionThis digital document is an article from The Non-profit Times, published by Thomson Gale on December 1, 2005. The length of the article is 1700 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon. com Dig…
Filed under Books by on May 1st, 2010. Comment.
BUY NOW!: The new Form 990: draft version of updated reporting document unveiled. : An article from: The Non-profit Times Low Price: $9.95 Features: Product DescriptionThis digital document is an article from The Non-profit Times, published by Thomson Gale on July 1, 2007. The length of the article is 1476 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your …
Filed under Books by on Apr 27th, 2010. Comment.