Slabs
Querist : Anonymous
total income is 2000000/- twenty lacks, slabs: from to pers tax
00 250000/- nil nil
250000/- 500000/- 10% 50000/-
500000/- 1000000/- 20% 200000/-
1000000/- above 30% 75000/-
question is: 250000/- to 5000000/- means we can take 10% on 500000/- or 250000/- plz clarify.
it is 10% on Rs. 250000.
First 250000 tax will be nil
There after from 250000 to 500000, 10 of the difference amount which comes to Rs. 250000 (i.e. 500000-250000) and tax comes to Rs.25000 and so on.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Gst credit note by supplier
- Movement of goods by packers and movers - type of sale - Reg.
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
