Discussion Board
Watch this board

Total 517 messages Pages < Newer  | 1 | 2 | 3 | 4 | 5   Older >   >>
what is my tax burden
by prabancha RAMASWAMY on Mar 05, 2008 04:36 PM  Permalink  | Hide replies

My total income would be 7 lac PA and will be paying 80K as rent and would save around 1 lac, what would be my tax per year

    Forward  |  Report abuse
RE:what is my tax burden
by Sunil Tripathi on Mar 07, 2008 09:19 AM  Permalink
firt important thing what are different allowwences and perks under which ur total salary income is divided . then only difference b/w taxable and non taxable heads can be identified so if possible put bifurcation of yotal salary

   Forward   |   Report abuse
tax
by Samar SinghChauhan on Mar 05, 2008 12:19 PM  Permalink  | Hide replies

Rs. 5.42 L tax'le income/yr
savings-1.0 L
what tax to be-?

    Forward  |  'Report abuse' disabled by moderator
RE:tax
by vivek jindal on Mar 05, 2008 04:23 PM  Permalink
43 to 44 K

   Forward   |   Report abuse
tax cal.
by Samar SinghChauhan on Mar 05, 2008 12:12 PM  Permalink  | Hide replies

Tax'le income: 5.42 LPA
Savings: 1.0 L
Tax? :

    Forward  |  'Report abuse' disabled by moderator
RE:tax cal.
by Sunil Tripathi on Mar 07, 2008 09:23 AM  Permalink
give division of ur vsalary under basic and allowences

   Forward   |   Report abuse
For Income tax
by vijay thombare on Mar 04, 2008 07:07 PM  Permalink  | Hide replies

how much Tax On 240000 Per Annum with no Investment

    Forward  |  Report abuse
RE:For Income tax
by Amitabh on Mar 04, 2008 08:59 PM  Permalink
Rs.9000 plus 3 % cess on that.

   Forward   |   Report abuse
RE:For Income tax
by Sunil Tripathi on Mar 07, 2008 09:24 AM  Permalink
give division of uf salary into basic and allowences

   Forward   |   Report abuse
should i file Tax Return??
by Vivek Kuriyal on Mar 04, 2008 03:06 PM  Permalink  | Hide replies

last financial i was receiving my Salary from US via Western Money.
Should i file tax return?

    Forward  |  Report abuse
RE:should i file Tax Return??
by avijit kundu on Mar 04, 2008 05:48 PM  Permalink
yes

   Forward   |   Report abuse
should i file Tax Return??
by Vivek Kuriyal on Mar 04, 2008 03:06 PM  Permalink  | Hide replies

last financial i was receiving my Salary from US via Western Money.
Should i file tax return?

    Forward  |  Report abuse
RE:should i file Tax Return??
by l l on Mar 07, 2008 04:46 PM  Permalink
filing tax return and paying tax are different. Every salaried person need to file tax return, irrespective of tax is paid or not. got it?

   Forward   |   Report abuse
RE:should i file Tax Return??
by Prabhu on Mar 04, 2008 05:54 PM  Permalink
no need..

   Forward   |   Report abuse
what would be income tax for CTC of 325000
by Tushar Kanade on Mar 04, 2008 02:55 PM  Permalink  | Hide replies

what would be income tax for CTC of 325000 with 60000 as investment

    Forward  |  Report abuse
RE:what would be income tax for CTC of 325000
by Emilio on Mar 04, 2008 03:44 PM  Permalink
Your tax is not calculated strictly on the basis of CTC. It is based on taxable income.
Take your taxable income. Subtract the investments (by that I guess you mean investments eligible for 80C deduction) and read off your tax liability from the table.

   Forward   |   Report abuse
RE:what would be income tax for CTC of 325000
by Sunil Tripathi on Mar 07, 2008 09:26 AM  Permalink
give division of uf salary into basic and allowences

   Forward   |   Report abuse
Equity Shares
by Sheela Parikh on Mar 04, 2008 11:30 AM  Permalink  | Hide replies

In view of the fall in the stock market, is it advisable to sell the shares & book profit now or should one wait for 1 to 2 years?

    Forward  |  Report abuse
RE:Equity Shares
by Rakshit Gaur on Mar 04, 2008 02:38 PM  Permalink
Its the best time to buy A category shares with good corp fundamentals. If it falls more then invest more and think it as a discount as Indian Market fundamentals are strong. Within next 6 months the markets would reach again 20k. Looking of investment in Top mutual funds is also a better idea.

   Forward   |   Report abuse
Total 517 messages Pages: < Newer  | 1 | 2 | 3 | 4 | 5   Older >   >>
Write a message