WHAT is income tax ? Ans. This is the tax that we have to pay of our income by wage earners, that is salaried class, Self-employed & non incorporated businesses ORG.
WHAT is the income Tax rate for Women ? Ans : – After the Amendment of 2010. There are no special tax deductions or credits applicable only to women. Now there is same tax rate for both gender salaried persons. The tax rate varies between 2% to 30%. if exceeding 1,200,000 in a year.
What are the income tax rates for salaried & non salaried individuals ? Ans:- Where the taxable annual income does not exceed Rs. 1,200,000. then Tax rate will be 0%.
What is the income tax basics ? if exceeding Rs. 1,200,000 but does not exceed Rs. 2,400,000.then 5% of the amount tax.
What is the minimum tax now ? 5%
What is the direct tax ?
What is the indirect tax ?
What is the Corporate income tax rates now ? Ans. Rate is 29%
What is the minimum salary to pay income tax
What is the personal income tax rate ?
What is the self-employed individuals income tax ? Ans:- Where the taxable income does not exceed Rs. 400,000. then tax pay rate 0% . And if income exceed Rs. 400,000 to 500,000. then tax will be 7%. and 500,000 to 750,000 tax rate will be 10% And Rs. 750.000 to Rs. 1,500,000 tax rate will be 15% & so on ….
What is the tax on gold
what is up to 5 lakh
How much tax do we pay on 15 lakhs
Wow is income tax calculated
Who will pay the income tax
Which amount is tax free
Is GST applicable
Is GST refundable
Is Income Tax applicable on all of our family members ? Ans. If our income is less then the exemption threshold amount of Rs 400,000. Whether you are a salaried person or individual or non . no worry to pay .according to current law.
Female income tax payers?
out of the population of 22 karoor individuals in Pakistan, around one million tax returns are filed. And 99% individual tax filers are male and only 01% are female.
And labor force participation rate for women is around 15%.
The low number of female income tax filers also signifies huge earnings gap