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Form 16D is a TDS Certificate issued for payment of a commission, brokerage, contractual fee, the professional fee under section 194M by the payer. Under Section 194M if the payments to resident contractors and professionals exceed INR 50,00,000 during the Financial Year, the payer has to deduct tax at the rate of 5% from the sum payable to a ...
Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.
Individual Income Tax Slabs [16] Slab Tax Rate New Tax Regime Old Tax Regime 1: NIL ₹0 - ₹3 lakh ₹0 - ₹2.5 lakh 2: 5% ₹3 lakh - ₹7 lakh ₹2.5 lakh - ₹5 lakh 3: 10% ₹7 lakh - ₹10 lakh ₹5 lakh - ₹7.5 lakh 4: 15% ₹10 lakh - ₹12 lakh ₹7.5 lakh - ₹10 lakh 5: 20% ₹12 lakh - ₹15 lakh ₹10 lakh - ₹12.5 lakh 6: 25 ...
Sliding scale fees are variable prices for products, services, or taxes based on a customer's ability to pay. Such fees are thereby reduced for those who have lower incomes, or alternatively, less money to spare after their personal expenses, regardless of income. [1] Sliding scale fees are a form of price discrimination or differential pricing.
From January 2008 to December 2012, if you bought shares in companies when David W. Dorman joined the board, and sold them when he left, you would have a 21.8 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
The U.S. Fish and Wildlife Service is pushing for added protections for the monarch butterfly after suggesting multiple populations could go extinct in mere decades.
Note: The audited party has the right to ask for the credentials, like professional identification cards, from the tax auditors so as to see their authority. The tax audit is to be conducted during the official FTA operating hours, unless the Director-General decides to conduct the audit of a business outside regular hours, in an exceptional case.
The 2024 Heisman Trophy will be awarded on Saturday. Here is a list of past winners for college football's top award, sorted by school.