Previously we used to approached Chartered Accountant for filing of the your income tax. But now you can pay your income tax online without any hassle and without any panic or rush. Tax payment is never so easier before. Follow the steps mentioned below to make your payment more secured and easy- 1. The things [...]
How to Compute Tax Liability & Taxable Income
Assessment of different taxpayers involves the practical application of various provisions of the Act in a given situation. Tax Liability – An individual is liable to pay tax in respect of his own income, and the income of certain other persons by virtue of sections 60 to 65. How to Compute taxable income – First, [...]
Income Tax Rate Slabs 2010-11 for Individuals, HUF, AOP, BOI
The following mentioned Income Tax slab rates are applicable to Indian individuals, Hindu Undivided family (HUF), AOP, BOI, Artificial juridical person. The rates are applicable based on the total income made or earned in the previous year and above the total tax amount the assesse should also pay a Education cess of 2% and Secondary [...]
Income Tax Rate Slabs 2010-11 for Senior Citizen above 65 years
The following mentioned Income Tax slab rates are applicable to Indian Resident Women. The rates are applicable based on the total income made or earned in the previous year and above the total tax amount the assesse should also pay a Education cess of 2% and Secondary & Higher Education cess of 1% in total. [...]
Income Tax Rate Slabs 2010-11 for Indian Resident Women
The following mentioned Income Tax slab rates are applicable to Indian Resident Women. The rates are applicable based on the total income made or earned in the previous year and above the total tax amount the assesse should also pay a Education cess of 2% and Secondary & Higher Education cess of 1% in total. [...]