| gauritomar Started The Discussion: Income Tax Rates for Year 2008-09 For Males For Year 2008-2009 Taxable Annual Income Slab (In Rs.) Tax Rate (In %) Upto Rs. 1,50,000/- Nil Rs. 1,50,001/- to Rs. 3,00,000/- 10% Rs. 3,00,001/- to Rs. 5,00,000 20% Above Rs. 5,00,000/- 30% For Females For Year 2008-2009 Taxable Annual Income Slab (In Rs.) Tax Rate (In %) Upto Rs. 1,80,000/- Nil Rs. 1,80,001/- to Rs. 3,00,000/- 10% Rs. 3,00,001/- to Rs. 5,00,000/- 20% Above Rs. 5,00,000/- 30% For Senior Citizen For Year 2008-2009 Taxable Annual Income Slab (In Rs.) Tax Rate (In %) Upto Rs. 2,25,000/- Nil Rs. 2,25,001/- to Rs. 3,00,000/- 10% Rs. 3,00,001/- to Rs. 5,00,000 20% Above Rs. 5,00,000/- 30% regards, Gauri Tomar
Hi Guari, Nice posting. I m very keen to work on income taxes & exemptions. But have very little knowledge about it as never got opportunity to on these issues. 1. Can you please help me out in preparing form 16 for the staff. We have 14 staff with a salary range of 8,000 to 35,000. 2. How should i design their package components so that to reduce tax burden. Please tell me the maximum exemption one can avail on various components of salary like maximum exemption on conveyance is 800 p.m. 3. I know about tax slabs for male female & sr. citizens, What is tax exemptions & how can we utilise it in reducing our taxes. Your early reply in the matter would be highly appreciated. Regards Shikha Jain
Hi Friends, I m very keen to work on income taxes & exemptions. But have very little knowledge about it as never got opportunity to on these issues. 1. Can you please help me out in preparing form 16 for the staff. We have 14 staff with a salary range of 4,000 to 77,000. 2. How should i design their package components so that to reduce tax burden. Please tell me the maximum exemption one can avail on various components of salary like maximum exemption on conveyance is 800 p.m. 3. I know about tax slabs for male female & sr. citizens, What is tax exemptions & how can we utilise it in reducing our taxes. Your early reply in the matter would be highly appreciated. Regards Smoronika
Hi Gauri, This is Kapil Goyal, I am in payroll team. I just want to enchance my knoweldge about the tax implication. Let's take an example- My CTC is 14313/- Is there any tax implication or not? and how will you calculate my salary? Basic - HRA - Conveyance - PF (Employee)- PF (Em[ployer)- TDS- Special allowance- Regards Kapil Goyal
Thank you Gauri................But like others i would be really thnak ful to you if u could mail me the tax calculator on my id Thanking you in advance also if anyone who is reading this has any info on tax ans salary realted thing lease email me on my id.......thanking you all................. Found This Useful? +Vote Up This Page Via Google. Why Vote? User validation is extremely important for good content to prosper. | 93826 views28 replies Knowledgebase Categories Popular Discussions |
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