Insight On Tax Laws

TAX STRUCTURE AY ð elementary EXEMPTION Upto 300000 nigh 200000 Upto 500000 following 300000 Upto 800000 Rest imbue (if liaison income exceeds Rs. 10 lac ) Edu. Cess & SHE Cess Basic permit: Super precedential Citizen (80 yrs & above) Senior Citizen (60 yrs or more) (65 yrs till 31.03.2011) domicile physician Woman down the stairs 60 yrs (65 yrs till 31.03.2011) IND/HUF/AOP/BOI 2009-10 150000 10% 20% 30% 30% 10% 3% 225000 180000 2010-11 160000 10% 20% 30% 30% 3% 240000 190000 2011-12 160000 10% 10% 20% 30% 3% 240000 190000 2012-13 180000 10% 10% 20% 30% 3% 500000 250000 190000 unattackable AY ð revenue grade tweak (if fire income exceeds 1 Crore) Edu. Cess & SHE Cess LLP (Concept introduced from AY 2010-11) AY ð value Rate knock off (if net income exceeds 1 Crore) Alternate Min. impose (AMT) (% of set pith income) ( one hundred fifteenJC to 115 JF) Edu. Cess & SHE Cess 2009-10 30% 10% 3% 2009-10 - 2010-11 30% 3% 2010-11 30% 3% 2011-12 30% 3% 2011-12 30% 3% 2012-13 30% 3% 2012-13 30% 18.5% 3% Note: 115JC (I) Where the regular revenue of LLP is little than the AMT on adjusted total income, LLP shall be unresistant to devote AMT.

(ii) Adjusted total income shall be the total income change magnitude by deduction claimed, if any, low any section include in chapter VIA and deduction claimed if any u/s 10AA house servant gild AY ð evaluate Rate hook (if net income exceeds 1 Crore) Min. Alt. Tax (MAT) (% of Book Profit)(115JB) C/F of MAT address Dividend Tax U/s 115-O Surcharge Edu. Cess & SHE Cess TAX ON LTCG AY ð Tax Rate (with indexation benefit) Surcharge on Ind/ HUF/ AOP / BOI (if net income exceeds 10 lac) Surcharge on starchy / LLP (if net income exceeds 1 Crore) Surcharge on Domestic partnership (if net income exceeds 1 Crore) Edu. Cess & SHE Cess 2009-10 30% 10% 10% 10 yrs 15% 10% 3% 2010-11 30% 10% 15% 10 yrs 15% 10% 3% 2009-10 20% 10% 10% 10% 3% 2010-11 20% 10% 3% 2011-12 30% 7.5% 18% 10 yrs 15% 7.5% 3% 2011-12 20% 7.5% 3% 2012-13 30% 5% 18.5% 10 yrs 15% 5% 3% 2012-13 20% 5% 3% Note: 1. Tax on LTCG can be taken as 10% + SC +...If you want to seduce a full essay, state it on our website: Ordercustompaper.com

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