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8 posts - 7 authors - Last post: Jul 6 First of all, if you have to pay income tax in India out of this, it may take away 20 percent or more of the monthly salary . ......
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He is said to have affirmed that India favoured dialogue on all issues of mutual ...... The formula for assessing tax on salary income assessable in the ......
The Income - Tax Act, 1961 spares certain incomes from tax liability. ... other than interest which apparently includes common salary , common rent, etc. ......
As per section 80C, Income Tax Policy India , you can avail up to a ... For example, if a person is earning Rs. 10lakhs per annum, his basic salary would be ......
Instead of riding piggy-back on the exemptions under the Income - Tax Act, they should garner funds from the salary -earners on their own strength. ......
8 posts - 6 authors - Last post: May 4 This is a discussion on Salary structure in India within the Jobs, Career, .... Even the Income Tax act is aligned with this. ......
Formula based calculation of Salary is done very easily. ... User defined slabs can be entered for income tax , professional tax , standard deduction, PF, ......
8 posts - 5 authors All other perks attract either income tax or Fringe benefit tax , so do not consider them. Now formula would be: (Rs. 3.00 Lacs - Total of perks) divided by ......
Non resident agents rendering services outside India & getting payment outside India liable to income tax in India : Advance Ruling ......
Jul 28, 2008 ... Income deemed to accrue or arise in India . .... like business income , income from house property, salary income , capital gains, ......
Tax formula will raise disposable income , says Kelkar. ... detailed calculations of the proposals on salaried groups at all income levels to show that there ......
As he is an NRI, he is not filing any income tax return in India . ... claiming deductions on account of the home loan repayment against your salary income . ......
This brings us to another question: can an Assessing Officer choose to tax this rent as ‘ salary ’ in the employee’s hands, instead of ‘ income from house ......
