i m running coaching classes for mbbs aspirants,can any body will tell me how to save service tax?
968000
consult any tax advisor
757973
Hi, you have almost invested the full amount in tax savings. I am giving you a web link.  Please go through it.  It will give you full details about Income Tax and Tax savings.\n\nhttp://www.incometaxbangalore.org/taxinfo/trates06_07.htm\n\nPlease note that long questions and difficult questions are usually un answered.  May with that reason no one has answered your question.
658299
To seriously know that you have to get 'Students guide to income tax'... for income taxes and 'service tax' by any author for service tax. VAT stands for value added tax and it is charged on the value created at each stage in the trade process. this means that if a mfg sellers to another trader rs 100 article, rs 10 is tax ( i think prevailing tax rate is 10% with 2% cess) then the seller will sell to another dealer at 150 his tax will be 15rs minus what he has already paid ie output tax minus input tax so his liability will be rs 5. there are few different tax rates for VAT you need to confirm with an accountant or CA, or just browse on google, there are so many sites devoted to VAT
143952
if you dont mind getting support online, you may contact the people at the following sites\n\nhttp://www.futureaccountant.com/\nhttp://www.schoolingkids.com/\n\nboth relate to the same organisation
824091
You have to have a tax I.D. number for the business. Call or go into a local bank and they can help you get started. Good luck w/your business!
388465
with effect from 18.4.2006, Service Tax is payable @ 12% on the value of taxable services received for the services provided or to be provided. In addition, Education cess is payable @2% on the Service Tax amount. Effectively, the service tax liability is 12.24% on the value of taxable services.
53658
Go to any 'city hall' that corrosponds with your area\nthrough the info desk you should have one w/a small\nfee by the end of next week. Remember to name it as\na "bussiness" for all inclusive tax purposes. Write \noff the car, gas, car ins.\nAnother way would be to submerge yourself into the\nsurroundings of your interest...as with any\n"independant" endevore...please be careful, there is\nplenty of money to go around in this world. Yet, \nthere is only one of you.
773963
Either way, you're going to have to get some kind of business liability insurance.  If you teach at home, you may be able to get a rider on your homeowners/renters insurance.  \n\nIf you're a homeowner, and have a specific space in the house that is only used for your studio, you can get a small deduction on your taxes.
21073
I am basedin Chandigarh, and I would really recommend conslting somebody in the same profession with a personal meeting, and see if it makes sense for you to do it. Don't get sold to the course very easly. Just my 2c.
752300
I would suggest setting up a flat rate for each service within a certain mileage limit of your home. If you make more than $400 in a "hobby" then you must file Schedule C- Business profit or loss. If you run this like a business, you are eligible to deduct milage regardless of what you charge your clients. \n\nHourly rates of $15-30 are not unreasonable because if these affluent people's time is spent making the big money, they wouldn't second guess your prices.
5879
The wife and I use Turbo Tax Online.  It's great because they store your information for use for next year.  Plus, they pull fees right out of your return
325118
I found this website really useful:\n\nhttp://www.direct.gov.uk/MoneyTaxAndBenefits/Taxes/BeginnersGuideToTax/BeginnersGuideToTaxArticles/fs/en?CONTENT_ID=4015472&chk=iIHw8P
236919
I just did exactly the same thing....and I used Turbo-Tax...very easy...they ask all the questions and have explanations to help you out....type in turbo-tax in search ...and there you are....good luck
515280
New students entering HE in 2006 will pay up to £3000.  Support and assistance could be gained by:\nNew maintenance grant up to £2700 which is means tested.\nTuition fee loan up to £3000\nBursaries awarded by your university\nStudent Loan for maintenance \nThere is also assistance to certain types of students.\n\nFor further details refer to the DFES website.  The SLC site also gives further information.
572741
Just follow the instructions on the form--if she didn't assign you to itemize it--you're in the clear.  I hope she gave you the publication/handbook that goes with the form, if not check the link below.\n\nIt's extremely easy--it really is, just follow the steps, each step corresponds to a page in the publication---so if you're on step 17, turn to page 17 of the publication.  Read it and follow the simple steps, it is all broken down for you, including what is your tax rate---you'll find that on the back of the publication, between the columns.
436810
Please check:\nhttp://moneycentral.msn.com/content/CollegeandFamily/Savingforcollege/P59866.asp\n\nGood Luck\nNBS
256182
Check these answer out: http://www.congoo.com/web?query=college+student+tax+strategies