Important tax matters after budget 2011
It is vital to know the important changes in tax matters after budget 2011 for the accurate work of an accountant. We are highlighting the most important points here.
Changes in income ...
Assessee,Assessment year,Previous year understanding the concept
Understanding the basic concept like Assesse,Assessment year, Previous year is vital for every one who begins the study of income tax law.
Who is an assessee?
Assessee means a person ...
Income tax rate for the financial year 2011-12
You all must have known about the new income tax rate after union budget 2011. We are posting income tax rate for the financial year 2011-12 and for the assessment year 2012-2013 for ...
What is Tax collection at source-TCS?
TCS is another tax collection mechanism by govt to ensure regular flow of income to the govt and to widen the scope of income tax. In TDS tax is deducted from receiver or deductee but ...
Income tax rate – financial year 2010-2011 after budget
Income tax rate slab is changed in the recent budget by finance minister Pranab Mukherjee. The main highlights on income tax are.
Tax slab revised
Surcharge is reduced to 7.5 % from ...
Income tax rates in India 2009-10
Most of the readers have already been updated with the new income tax rate for the assessment year 2010-11 however we would like to keep an income tax rate chart for those who are not ...
