The IRS Deductions Blog

Posts Tagged ‘slabs’

Question: On what amount rs 547 is deducted as Income tax?

There is a deduction of 547 from my Apr 08 salary as income tax. it is said that the new 2008-09 slabs are not applied(Parliment is not confirmed the new slab) can any body tell me on what amount it is calculated?

Add Info: CTC 3.25 l
Investment Declaration 40 k
House rent 72k
please see the link for details

http://www.geocities.com/krishna_yess/untitled.JPG

Answer: Dear Krishna, my sincere advise, not to put this on the yahoo questions, it is better if you can consult an auditor.

Items on Amazon Right Now for Income Tax Deduction Slabs:

Couples can claim tax benefits separately

Success and a comfortable professional life is what most of us look for in our career cycle. While rising double incomes lead to both spouses paying their taxes individually, it also enables claiming of exemption/deductions separately by the couple.

FM goes easy on personal tax

Question: professional tax deduction slap chart of india maharashtra?

what is professional tax and its slab rates in imaharashtra

Answer: no

Items on Amazon Right Now for Tax Deduction Slabs In India:

Tax slabs broadened for ‘aam aadmi’

New Delhi, Feb 26 : The ‘aam aadmi’ got a massive tax relief in the Union Budget 2010-11 today with the broadening of the direct tax slabs to include annual income up to Rupees 5 lakh in the 10 per cent tax net and income up to Rupees 8 lakh in the 20 per cent net.