Income upto Rs.2 lakhs per annum has been exempted from the Tax. Income between Rs 2 lakhs to Rs. 5 lakhs per annum, will draw 10% income tax. Income between Rs 5 lakhs to Rs. 10 lakhs per annum, will draw 20% income tax. Income above Rs. 10 lakhs per annum will draw 30% income … Continue reading New Income Tax Slabs 2012-2013
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Income Tax Returns can be made Online.It is simple and Easy. Steps. http://www.incometaxindia.gov.in Cost.Free. Provides Excel sheet' a replica of the IT Form. Has Index from where you can choose options. Has a compute Button to help in calculations. -- http://www.taxpanner.com Cost.Rs.249-749(Individuals and HUF) Rs.749-Rs.7499(for others). Your Return will be submitted in 30 minutes and upload … Continue reading E-File Your Income Tax Returns.
If you find that there is an unaccounted credit into your account ,immediately report to the bank. You have no right to spend the money and you will go to jail. It could also be due to some one deposting money in your account to be retrieved later.( it is possible when online transactions are … Continue reading Bank Erroneously Credits $110,000.
Bigger the Company, less the tax it pays. They are effectively assisted by Accountants ,who under the guise of tax planning ,cheat the Government of Taxes. Sting is the Government approves them and enroll them by training them/approving the Institutes that train them in their discipline. They are called Financial Consultants,Chartered Accountants(chartered to evade tax?) If … Continue reading Google and General Electric Pay NO Taxes.Get Bailouts & Refunds.Video.
This after what their fancy accountants and Financial consultants cooked up the Books. Imagine what could have been the Tax Liability otherwise. And these companies get relief package from the Federal Government and distribute Bonuses till Obama intervened

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