Hi Experts,
Please let me know the minimum threshold as far as salary income is concerned to be taxable.
Regards
Tanveer Md Masood
2 Replies
Mihir
(Wealth Manager)
(5293 Points)
Replied 09 June 2014
Salary income below Rs. 200,000/- p.a. is not taxable.
subhash kumar jha
(PROFESSION)
(445 Points)
Replied 09 June 2014
W.e.f. Assessment year 14-15 if your salary income comes to Rs.5,00,000 then upto 2,20,000 will not be taxable and if your salary comes to more than Rs.5,00,000 then Upto Rs.2,00,000 will not be taxable.
Recent Topics
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
Related Threads
CAclubindia
