what is the tax percentage in india for an induvidual for the AY 2006-2007?
608670
The present Income Tax Rates for Financial Year 2005-2006 ( A Y 2006-2007 ) are as follows -\n\nFor Individuals ( Women )\n\nIncome not exceeding Rs.1,35,000/-\n-- Nil\nIncome exceeding Rs.1,35,000/- but does not exceed Rs.1,50,000/-\n-- 10% of excess over Rs.1,35,000/-\nIncome exceeding Rs.1,50,000/- but does not exceed Rs.2,50,000/-\n-- Rs.1,500/- + 20% of excess over Rs.1,50,000/-\nIncome exceeding Rs.2,50,000/-\n-- Rs.21,500/- + 30% of excess over Rs.2,50,000/-\n\nIf Income exceed Rs.10,00,000/- Surcharge @10% of Income Tax\n\nEducation Cess @2% of Income Tax and Surcharge, if any\n\nFor Individuals ( Senior Ceitizan-Attains 65 years )\n\nIncome not exceeding Rs.1,80,000/-\n-- Nil\nIncome exceeding Rs.1,80,000/- but does not exceed Rs.2,50,000/-\n-- 20% of excess over Rs.1,80,000/-\nIncome exceeding Rs.2,50,000/-\n-- Rs.14,000/- + 30% of excess over Rs.2,50,000/-\n\nIf Income exceed Rs.10,00,000/- Surcharge @10% of Income Tax\n\nEducation Cess @2% of Income Tax and Surcharge, if any\n\nFor Individuals ( Others ) / HUF / AOP / BOI\n\nIncome not exceeding Rs.1,00,000/-\n-- Nil\nIncome exceeding Rs.1,00,000/- but does not exceed Rs.1,50,000/-\n-- 10% of excess over Rs.1,00,000/-\nIncome exceeding Rs.1,50,000/- but does not exceed Rs.2,50,000/-\n-- Rs.5,000/- + 20% of excess over Rs.1,50,000/-\nIncome exceeding Rs.2,50,000/-\n-- Rs.25,000/- + 30% of excess over Rs.2,50,000/-\n\nIf Income exceed Rs.10,00,000/- Surcharge @10% of Income Tax\n\nEducation Cess @2% of Income Tax and Surcharge, if any
73773
100 Rs become Rs 200 in 8 years if we add 12.5 Rs every year. So rate of interest should be 12.5 %
582845
+/- Rs 7000.00. Depends on yourself.
83152
NO INCOME TAX!!!!!!!!!!!
142749
The income earned by a country in a year
838996
No income tax is applicable on all income up to Rs. 100,000 per year. (Rs. 135,000 for women and Rs. 185,000 for senior citizens) \nFrom 100,001 to 150,000 : 10% of amount greater than Rs. 100,000 (Lower limit Rs. 135,001 for women and n/a to senior citizens) \nFrom 150,001 to 250,000 : 20% of amount greater than Rs. 151,000 + Rs. 5,000 (For women: Rs. 1500) (For senior citizens, the lower limit is Rs. 185,000) \nAbove 250,000 : 30% of amount greater than Rs. 250,000 + Rs. 25,000 (Rs. 21,500 for women and Rs. 13,000 for senior citizens)
1028109
All I know is that Value Added Tax is 17.5% of whatever amount and GST I am not sure what it, I would have helped. Find out from the Authorities responsible for the same.
352864
In Finland Taxation of an individual's income is progressive. In other words, the higher the income, the higher the rate of tax payable.\nIn 2005 the income tax rate (national tax) for an individual is between 10.5%-33.5%. In addition to direct taxation there is also municipal tax in Finland. This tax is payable by an individual on his or her income and it fluctuates between 15% - 20% depending on the municipal authority.
39337
10% penality, plus the tax.  So $2,500 right off the top, plus if you are in the typical 28% tax bracket, you'll have to pay another 7,000 in taxes.
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£504.30 tax & £380.16 NI per year\n\nCalculator on site below\n\nhttp://www.listentotaxman.com/
307842
VAT took effect April 1, 2005.  Under the new VAT system, two rates of 4% and 12.5% will be applied.  The lower rate of 4% will be levied on key products such as medicines and drugs, agricultural and industrial goods.  The 12.5% rate will be applied to the rest of the goods sold in India.
376870
The rules as well as the form for VAT registration in Andhra Pradesh can be found here:\n\nhttp://www.apcommercialtaxes.gov.in/ctportalnew/acts/vat/formindex.asp
1161764
It depends on how much she earns.  The taxable income will go up and the tax.  The amount should be proportional to the current tax bracket.\n\nFor 2006, the married tax brackets are at\nup to 15k, 10%\nup to 61k, 15%\nup to 123k, 25%\nup to 188k, 28%\nup to 336k, 33%\nmore than 336k, 35%
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Online filing through http://incometaxindiaefiling.gov.in/ is still not available.\n\nBut NSDL do accept the return as an e-intermediatery and charges Rs. 100/- per return. \n\nFor help in computation/preparation of IT return, this is not the correct forum. Please get in touch with Chartered Accountant/Tax Consultant.\n\nCA. Deepak Bholusaria
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As Per Indian Gov.(exc. HRA)\n\nstep1 Find annual income=month*12\nstep2 deduct any donations if specified\nstep3 Calculate the savings and deduct from taxable income<upto 100000 Rs only)\nstep4 find tax acc to table from the taxable income\nstep5 add 10%surcharge if annual income>1000000Rs.\nstep6 add2% educaton cess to it\nTAX CALCULATED!
688197
The tax rate on gift is 30% upto 30 September 1998. after 30 september 1998 the tax has been abolished. now there is no tax on gift neither in hand of receiver not giver
526347
Well there is no Gift Tax Act now , so you should not bother about gift tax.\n   There is only an implication of income tax on gift as per provision contained  u/s 2(24) read with Section 56(2) of the I T Act . In simple terms gift above Rs 25,000 shall be taxable as income of the person receiving the gift unless the gift is not given by\n   1. relatives \n   2 . or received on occasion of marriage\n   3. received on account of Will or as part of inheritance\n   4. in contemplation of death of payer of gift.\nRelative has also been defined for this purpose as follows:\n\n    (i) spouse of the individual;\n\n(ii) brother or sister of the individual;\n\n(iii) brother or sister of the spouse of the individual;\n\n(iv) brother or sister of either of the parents of the individual;\n\n(v) any lineal ascendant or descendant of the individual;\n\n(vi) any lineal ascendant or descendant of the spouse of the individual;\n\n(vii) spouse of the person referred to in clauses (ii) to (vi).