| Q. | Income Tax? | Related Search: United States | | | I heard that if you are old enough to work that you will get income tax is that true
| | A. | Individuals of any age may be required to file income tax returns.
Whether a return is required depends on age, the amount and type of income, marital status, and whether the individual is a dependent of another taxpayer or not. | | | |
| Q. | Income tax? | Related Search: United States | | | I have a query, My wife is housewife & she doesn't have any source of income. I have opened an icici bank a/c for him and transferred money from my a/c. She have her Pan number, so she opened demat a/c and invested money in stock market and gained profit around 30K.
Please let me know should she have to pay income tax? If yes then, she has to pay income tax on only in profit earned from stock market or whole money in her a/c.
| | A. | During the current financial year i.e. 2008-09 the taxable income in case of a woman is Rs.1,80,000/- and you have so far made only Rs.30,000/-.
If your wife during this financial year gain more than Rs.1,80,000/- only then she would be liable to file her return of income tax and to deposit taxes if any.
Kalra | | | |
| Q. | income tax? | Related Search: United States | | | What is the current:
1. U.S. federal income tax?
2. California income tax?
what is the max income tax for:
1. Federal max income tax?
2. California max income tax
| | A. | federal - 35%
[Link]
ca - 9.3%
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| Q. | Income-Tax? | Related Search: India | | | My monthy earning will be gross (1,30,000) and net (1,10,000).
Kindly help me to calculate my income tax.
Thank You.
| | A. | Mr Sri niwas ,
Medical allowance is taxable. Please make your facts correct | | | |
| Q. | Income TAX? | Related Search: India | | | hi ppl can anyone tell me if my annual income in hand is Rs1,45,000 then do i have to pay tax -
Just to make ur life easy i am a female..................
| | A. | Further to Mr.Pachi's answer I wish to put that you have to file income tax return (for A.Y.2007-08).
From next year A.Y.2008-09, you will be getting exemption till Rs,145000/- and there will be no necessity to file Return of Income and pay income tax. | | | |
| Q. | What is the difference between an income tax and a payroll tax? | Related Search: Other - US Local Businesses | | | What is the difference between an income tax and a payroll tax?
A. Income taxes reduce the demand for harmful goods while payroll taxes don't affect this demand.
B. Income taxes are collected based on income while payroll taxes are collected based on wealth.
C. Income taxes are used for a wide variety of government activities while payroll taxes pay for specific programs.
D. Income taxes increase the purchasing power of the government while payroll taxes increase the purchasing power of workers.
| | A. | payroll-software | payroll-services | payroll-online | payroll:
[Link]
[Link]
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| Q. | What are the firms income tax liability and its after tax income? What are the company's marginal and average | Related Search: United States | | | The Tally Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest changes of $50,000, (2) dividends received of $15,000 (3) dividends paid of $25,000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company's marginal and average tax rates on taxable income?
| | A. | Try posting this in the homework forum. | | | |
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