Comments on: New Income tax slab proposed in budget 2010-11 and its impact on Male individual, Female Individual, HUF and senior citizen

By: AVIRVAW KUMAR RANJAN

AVIRVAW KUMAR RANJAN — Fri, 13 Jan 2012 10:09:47 +0000

pls send me, all amendments in tax , law , accounts, audits

By: NANDEESH MN

NANDEESH MN — Thu, 24 Mar 2011 10:40:04 +0000

WHAT IS THE NEW TAX STRUCTURE FOR THE HOTEL INDUSTRY

By: rashid ali

rashid ali — Sun, 13 Mar 2011 04:42:53 +0000

new update of tax

By: ningappa

ningappa — Fri, 11 Mar 2011 11:21:52 +0000

please receive the this year budget

By: arun

arun — Thu, 10 Mar 2011 11:05:30 +0000

it is now 1.20 lacs

By: Ranjodh Singh Rana

Ranjodh Singh Rana — Wed, 02 Mar 2011 11:21:40 +0000

Dear Sir,
Exemption limit for men is Rs. 1,80,000 and not 1,60,000 as specified by u.
Ranjodh Singh Rana…Naya Nangal

By: Anil

Anil — Tue, 01 Mar 2011 06:56:11 +0000

Dear Sir,

Please I want a what is the slap of Income Tax for the
fy-2010-11,& 2011-12,

By: aarti thakkar

aarti thakkar — Mon, 28 Feb 2011 06:28:02 +0000

is there any change in sec 80 for deduction

By: Preeth

Preeth — Wed, 16 Feb 2011 11:47:07 +0000

Not bad but want to the limit of exemption in U\S 80c and U\S 80gg and U\S80d

By: priyanka chauhan

priyanka chauhan — Wed, 16 Feb 2011 11:01:50 +0000

I want to know About The Difrrent tax slabs Like on TDS service tax etc can you help me

By: jason

jason — Tue, 15 Feb 2011 06:28:25 +0000

whether the total limit for investment is limited to only 1 lac?

By: nithya

nithya — Thu, 10 Feb 2011 08:38:11 +0000

what is the new slap of leave tax

By: niraj

niraj — Tue, 01 Feb 2011 09:56:25 +0000

what is the limit for exemption in hra as i pay to houseowner as erent\

By: Sundara pandian

Sundara pandian — Tue, 25 Jan 2011 08:17:45 +0000

what is limit of expmet in U\S 80c and U\S 80gg and U\S80d

By: p k jaiswal

p k jaiswal — Sun, 23 Jan 2011 14:02:01 +0000

i am not a tax payer yet, but what is the use of paying income tax if the so called corrupted leaders keep it in their pockets that is our “GARHEE KAMAAI” instead of being used for development purposes of our loving country INDIA.

By: p k jaiswal

p k jaiswal — Sun, 23 Jan 2011 13:54:37 +0000

what are the key features of income tax for yr 2010-11?

By: Mahendra Janwani

Mahendra Janwani — Wed, 19 Jan 2011 09:12:05 +0000

Maximum permission saving under section 80 C

it should be 150000 instead of 120000

By: Jaiprakash

Jaiprakash — Thu, 13 Jan 2011 04:44:39 +0000

Kindly let me know that what is the slab of medical benefits in 2010-2011 Income Tax Rule.

By: sameer talgaonkar

sameer talgaonkar — Wed, 05 Jan 2011 07:46:40 +0000

My Annual salary CTC is 180000 ( 15000 p.m ) & net is coming on hand 13720.00 p.m

pls let me know about my T.D. S. calculation , because my company has been deducted total 700/- for annual deduction (from feb 2011 @ 200/- monthly deduction)

By: Vishal

Vishal — Tue, 04 Jan 2011 07:29:20 +0000

I have a net take away at 7,34,000 p.a. (non-inclusive of PF/Gratuity/LTA etc). I am currently investing Rs.14192 towards Insurance Policies (80C), Home Loan (1,50,000 approx towards Interest Component and 50,000 towards principal component), 72,000 anually towards different Tax Saving SIP. I am still paying tax of approx 36000 (TDS) annually. I wanted to know if I stop the SIP investment, by how much will my TDS increase??

By: Rustam

Rustam — Mon, 27 Dec 2010 13:49:59 +0000

plz send me detail how i can find new income tax for 2011
also detail of tax on varies donation as soon as posible

By: Rajiv Ranjan

Rajiv Ranjan — Thu, 16 Dec 2010 16:06:11 +0000

What is standard deduction & how much minimum saving required this year

By: snarasimhan

snarasimhan — Sun, 12 Dec 2010 13:09:13 +0000

My monthly GROSS SALARY IS
SALARY:rs.56068
H.R.A:RS.55000
SUPPLEMENTARY ALLOWANCE:1334
Iam in rented flat ans\d have produced rental receipt every month for rs 30000/= .I have saved upto rs 1 Lakh under 80c .Calculate my tax

By: naresh

naresh — Sat, 11 Dec 2010 17:02:53 +0000

hi..sir i want to know . haw to file return income tax

By: Jitender

Jitender — Sat, 11 Dec 2010 04:20:05 +0000

Dear sir,

I want to concirm that when we deposit in first time and didn’t make tax after can we get profit and it helps to take home loan and education loan

By: Jogendra Patel

Jogendra Patel — Thu, 09 Dec 2010 02:05:21 +0000

The couple who are employed both are getting much benifit. They should fill their I.T.return showing their income together. By not raising the threshold limit of Rs1.60 lakh FM has proved that he cares only for rich people. He has given tremendous benefit to people whose taxable income is more than Rs3lakh and the couple who are both employed.

By: KML.Moorthy

KML.Moorthy — Wed, 24 Nov 2010 08:35:02 +0000

I need a Tax Sections all, CUURENT Slab detail and DEDUCTIONS list from Income Tax

By: janardhanan

janardhanan — Thu, 18 Nov 2010 10:06:54 +0000

i will be getting pay commission arrears from jan 2007 to aug 2008 during the financial year 2010 – 2011. my taxable income is 3.50 lakhs after deductions (and including my pension during the fin year 2010 – 2011). As per latest Govt anouncement tax payable @ 10%. But treasury people say i should carry the incone to respective years and pay 20% tax above 3.00 lakh.
My point is i need not carry the arrear to previous years and pay only 10% tax
Can any one clarify with income tax rules

By: RavindranK

RavindranK — Tue, 16 Nov 2010 07:11:17 +0000

My Gross salary is 638131, my GPF is 120000. what is my IT for the year 2010-11

By: Sirisha Karthikeyan

Sirisha Karthikeyan — Wed, 10 Nov 2010 16:36:34 +0000

How much tax i need to pay this year.. plzz let me know how to calculate & how much should i pay.. help me out

By: Sirisha Karthikeyan

Sirisha Karthikeyan — Wed, 10 Nov 2010 16:35:43 +0000

I have a question,
my salary is 645000/– gross income without deduction of anything (i.e. pf & gartituty)
& my investment in insurance is 74000/–

so now how is i have to pay tax..

By: Bhaskar

Bhaskar — Tue, 09 Nov 2010 11:50:54 +0000

what will be the tax slab rate for the assesment year 2012-13……………?

By: ashish dixit

ashish dixit — Wed, 27 Oct 2010 13:01:06 +0000

such a stupid proposed slab. It will increase tax evasion. Basic exemption limit should be increase for not less than to 250000.

By: ashish kumar shrivastav

ashish kumar shrivastav — Mon, 25 Oct 2010 11:50:01 +0000

Tax exempt investment means those investment in which government is not going to charge any tax. Likewise, investment in society welfare, or health sector etc.

By: Dhirendra Kumar

Dhirendra Kumar — Tue, 19 Oct 2010 22:28:36 +0000

what is the exemption limits u/s 80ccc to 80U for the A.Y. 2011-2012

By: a dilaver hussain

a dilaver hussain — Wed, 13 Oct 2010 10:36:26 +0000

i want to know the fixed deposit investments are shown in assesment

By: shyamal Chakraborty

shyamal Chakraborty — Fri, 08 Oct 2010 10:35:28 +0000

I want to know what are the tax examption investmant? Kindly send me details.

By: manish intwala

manish intwala — Thu, 16 Sep 2010 12:24:05 +0000

This slab is not ok because you will not raise the minimum value that is 1,60,000.If you will increase this value so tax payer is also be increase

By: administrator

administrator — Thu, 26 Aug 2010 14:01:35 +0000

Yes you will get the benefits

By: BIMAN BEHARI GHOSH

BIMAN BEHARI GHOSH — Thu, 26 Aug 2010 09:32:30 +0000

MY DATE OF BIRTH IS 10/01/1946
AGE 65 WILL COMPLETE ON 09/01/2011
WHETHER I SHALL GET THE BENEFIT OF SENIOR CITIZEN DURING THE FINANCIAL YEAR 2010-2011 (ASSESSMENT YEAR 2011-2012.

By: GOPINATH KHADANGA

GOPINATH KHADANGA — Tue, 24 Aug 2010 15:05:39 +0000

60 years of age is considered as requisite age to get benifits for Sr.citizens except for income tax purpose.Reasons behind this logic is known & not justifiable.

Govt.may consider 60 years of age as Sr.citizen for income tax purpose.

By: PREM RAJ TYAGI

PREM RAJ TYAGI — Tue, 17 Aug 2010 04:26:53 +0000

Refer to earlier post by Venkat on “anamoly between income-tax and TDS”. I am a lady aged 63 years. I have an annual income of Rs. 4 Lacs, almostl all from Bank deposits. Considering the current income tax slabs of “1.9 lacs- No Tax and Up to 5 Lacs 10% tax”, my tax commitment for AY11-12, works out to only about Rs. 21,000. As banks are deducting 10% TDS on all interest income over Rs. 10,000, I end up paying Rs 40,000 as tax through TDS. Why dont the govt reduce the TDS rate to 5% from Rs 10,000 to Rs 20,000, and 10% later on. Can I give From-15G to avoid avoid such excessive TDS? Can some body help me on this?

By: SHAHNAVAZ

SHAHNAVAZ — Sat, 07 Aug 2010 08:52:22 +0000

please sene me a information of basic tax limit for individul, firm, professional Income, pvt.ltd. Company.

who is involved professional income, like doctor, advocate & how many limited in audit

By: Anubhav Verma

Anubhav Verma — Wed, 04 Aug 2010 11:21:21 +0000

IT-SOUNDS BIG.. SPECIALLY WHEN IT COMES TO APPLICABILITY…THE INCOME OF GOVT. FROM THE INCOME OF COMMON MAN. THIS IS TRUE BUT STILL BE BEARED BY THE COMMON PERSON AT A LARGE SCALE… THIS IS LIABILITY AGAINST SAVINGS FOR EVERY COMMOM MAN…

THE IT CAL. SLABS AND RATES VARYING YEAR BY YEAR SHOWS HOW AGRESSIVELY THE MIDDLE MAN IS STANDING STILL FACING MULTIPLICILTY OF HARDNESS TO EARN LIVELYHOOD AND TO SAVE IF POSSIBLE..THE TAX LIABILITY SHOULD BE REDUCED FOR MIDDLE CLASS MAN AND ESTABLISHMENTS OF NEW CONCEPT OF EFFECTIVE TAX SYSTEMS SHOULD BE INTRODUCED…..

By: vinod

vinod — Wed, 28 Jul 2010 18:34:26 +0000

it seems absurd that
1. on FDs bank gives higher rate of interest to those sbove 60 years of age, considering them senior citizen
2. Railway gives concession to those above 60 years of age, considering them senior citizen
3. Income tax department says senior citizen is the one above 65 years of age
4. Govt. retires people at the age of 60 years
All these are part of the same Government, having different definitions of senior citizen, cant we have one simple
definition clarifying as one for all, hope those in seat of power pay a glance at it

By: mahesh

mahesh — Wed, 14 Jul 2010 10:21:33 +0000

My bank FD shows Interst paid Rs 7873 and interest accrued as Rs 1183. Which figure should i furnish in my income tax returnfor2010-2011

By: mahesh

mahesh — Wed, 14 Jul 2010 10:18:52 +0000

My bank fd shows Rs 7873 as interest earned, and Rs 1183 as inters accrued.Which figure shd i take for income tax return2010-11

By: Chandan

Chandan — Tue, 13 Jul 2010 04:49:01 +0000

FM could have done better than this. since the inflation rate Vs yearly salry/income growth is not that as inflation. For exmplae :- vegetables / grocessry items have inflation almost 55 – 60%.

Need to do a lot for common people in India

By: Gowri Nagarajan

Gowri Nagarajan — Sat, 10 Jul 2010 10:59:07 +0000