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Turnover Tax/Surcharge

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 March 2011 Plz.answer the following :-
1) Is Turnover Tax still applicable if Business is in Millions?
2) What is the Surcharge rate for Companies in the new Budget?
3)What is CII for the Pr. Yr.11-12 ?
4)Is Food & Entertainment Tax still applicable to have a dinner in the Hotel?

Plz. answer ASAP.

16 March 2011 1 - not yet notified
2 - 5% if income exceeds 1 crore
3 - Not yet notified
4. yes



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