5 Lakh Salary
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Very nice post from Peer as usual. All I can say is that at a young age, anybody with an entrepreneurial spirit would do well in most of these businesses, but excellence and long-term survival depend more on passion for the business, as explained in one of the p...
**20 Ventures You Can Start with Rs 5 Lakh!**Ronojoy Banerjee, Outlook MoneyOctober 26, 2007In 1995, Sabeer Bhatia started Hotmail with his idea - of a free, Internet-based email service that can be accessed anywhere in the world - and seed capital from pioneeri...
So hereafter, there is no separate tax slab for both males and females, is that correct? Both are getting up to 5L and do not need to pay tax. If the income is between 5L-8L, there is a 10% tax, and for income above 8L, there is a 20% tax only. Is that correct o...
This exemption is only for salaried-class people earning up to 5 lacs.Tax slabs for females and senior citizens will remain as declared in the budget.
Notification Exempting Individuals Having Income Less Than 5 Lakh from Furnishing Income Tax Return**NOTIFICATION NO. 36/2011 [F. NO. 142/09/2011 (TPL)]**DATED 23-6-2011In exercise of the powers conferred by sub-section (1C) of section 139 of the Income-tax Act,...
Dear Mr. Mohan,Please go through my first input properly. It is all about not filing IT returns. It is not about not paying taxes. Exemption from filing IT return is only for salaried class people earning up to 5 lakhs per annum.
People earning up to Rs 5 lakh are exempted from filing Income Tax Returns. No income-tax returns would be required for salaried persons earning up to Rs 5 lakh per annum. A notification will be issued in the first week of June 2011\. The scheme will be applicab...
Hi all,I need to structure a monthly salary of 25,000 but without PF, HRA, or DA. I received 15,000 in a cheque, and the rest in cash. I require a salary slip and a breakdown of the 25,000 monthly salary. How much tax should be deducted? My company is a trading ...
Hi,Please share the list of employees with their salaries. I'll prepare and send you the payout and TDS workings. You can use the same sheet every month as it will be formulated.Regards,Karthik
Hello Sir/Ma'am,Please provide the 3 Lakh CTC breakup.