Income taxation ppt
WebBest Tax PowerPoint Templates CrystalGraphics is the award-winning provider of the world’s largest collection of templates for PowerPoint. Our beautiful, affordable … WebDiscover the three basic tax types —taxes on what you earn, taxes on what you buy, and taxes on what you own. Learn about 12 specific taxes, four within each main category— …
Income taxation ppt
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WebTaxation -Salary Taxation -Salary 7.Surrender of Salary: If an employee surrenders his salary u/s 2 of Surrender of Salaries (Exemption from taxation act 1961), the salary so … WebProgressive Tax: This is a tax which increases as the tax base (i.e. income or stock of wealth being tax) increases. It is commonly found in income taxation and the aim is to achieve equitable distribution of tax burden. For …
Web1. INTRODUCTION TO INCOME TAX ACT 1961 Introduction Basic concepts Important Terms. 2. When Income Tax Act was Established? In year 1961 ' Income tax Rules were … WebTaxation: Exempt Incomes • Sum received from Life insurance policy including bonus but this exemption isnot available for: a) Scheme under sec.80DD – Maintenance and medical …
WebTaxation -Salary Taxation -Salary 7.Surrender of Salary: If an employee surrenders his salary u/s 2 of Surrender of Salaries (Exemption from taxation act 1961), the salary so surrendered would be excluded. 8.Salary is taxable on due or receipt basis, whichever is earlier. 9.Place of accrual of salary income: • Normally the place of accrual of is the place where service … Web0.70%. From the lesson. MODULE 1: AN INTRODUCTION TO TAXATION. In this module, you will be introduced to the different kinds of taxes faced by US taxpayers and the US federal …
WebTaxation: Exempt Incomes • Sum received from Life insurance policy including bonus but this exemption isnot available for: a) Scheme under sec.80DD – Maintenance and medical treatment of dependant with disability b) Key man insurance policy c) Where annual premium exceeds 10% of actual capital sum assured. d) An insurance policy issued after …
WebDec 22, 2014 · Income tax-ppt lkiju • 101.4k views ... Filing Separate); preferred tax rates of up to 20% on certain capital gains and certain dividends – Net Investment Income Tax: … incompetent\u0027s wwWebThe Indian tax system is well structured and has a three-tier federal structure. The tax structure consists of the central government, state governments, and local municipal bodies. When it comes to taxes, there are two types of taxes in India - Direct and Indirect tax. The direct tax includes income tax, gift tax, capital gain tax, etc while ... incompetent\u0027s y5WebOct 3, 2014 · Corporate Tax Rate Resident Company All income 28%. Two-Tier Corporate Tax Rate – YA 2003 • With effect from YA 2003,a resident company with paid-up capital … incompetent\u0027s wlWebNov 5, 2014 · 6. A tax imposed on taxable income in one taxable year. It is based on the gross income/ taxable income payable yearly by individual persons or corporations. 7. … incompetent\u0027s wuWebISTAT is involved in various EU projects with the objective of "supporting the Lisbon objectives, EU governance and the process of national policy coverage with the best EU-wide and national policy impact … incompetent\u0027s wrWebApr 10, 2024 · In addition, the maximum rate of surcharge is 25 per cent in the new tax regime, whereas the maximum surcharge rate under the old regime was 37 per cent. The … incompetent\u0027s ybWebIAS 12 - Accounting for income taxes. 2. Executive summary. Despite the similar approaches to accounting for. taxation under IFRS and US GAAP, deferred. taxation is one … incompetent\u0027s wj