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What Is The Difference Between Calculating Tax For Individual And Consultant?

Same slabs(fit for salaried) applicable for consultant while calculating or its only 10 %? What all (expences) can be considered while calculating tax? Can I show House advance, Rent, medical and 1 lakh investment for deductions?

Thanks in advance


Answer: If your pump is about Indian Income Tax, then read my answer.

Please note that consultant may be an individual or a friends. The income for consultant (either and Individual or a company) has to be shown under the head "Profits from Business or Profession". They are allowed
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When Calculating Tax Savings From Mortgage Interest, Should You Use Your Marginal Tax Rate Or Average Tax Rate

The TurboTax and HR Screen quick calulators appear to use average tax rate to determine tax savings. Our common tax rate was 15% this year. Most other calculators specifically designed for calculating mortgage interest tax savings use negligible tax rate, which for us is 25%. Which are we supposed to


Answer: Calculate your tax with out a home then add the home and see how much it changes.
If you get the standard deduction for a couple it is over 10,000 so that part is no savings. When you have a abode you have property taxes and interest to deduct plus then your state income or sales tax and contribution

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What Is The Calculating Structure Of Capital Tax In Share Market?

Precious friends,

I'm new in share market, Kindly advice me the capital income systematize in step by step that means everybody saying that tax is calculating step by step like from 1.5 paucity to 2.5 10% and from this to other amount, it is difrent calculation So please tell me the structure


Answer: You are unusually new w.r.t the market, taxation and language also.

What you want is the slab rate and the taxation method of return from shares.

There are 2 types of activities as regards to shares vis investment & trading.

For fancy term investment you

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How Professiopnal Tax Is Calculating And What Is Rate Of Tax Applicable For Different Levels Of Wages/salaries

bizarre categories of people paying professinal tax and how it is calculating ?and what is the period of payment?


Answer: The set of polished tax slabs in India are different for all the 28 states in India and some of the states have formulated another professional tax slabs for men, women, and the senior citizens of the respective states.

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How to Calculate Federal Income Taxes Online 2010, 2011

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Using an Inheritance Tax Calculator Online to Work Out IHT Bills

Calculating Property Tax hindrance can be risky. Online tools, such as IHT calculators, may assistants those in the modify of state planning as well as beneficiaries of an land. What can Birthright Tax calculators show and how do they line?

Why are Heritage Tax Calculators Expedient?

These calculators grant individuals to conjecture their latent snag for Patrimony Tax. Some use a computer to helpers them with their development planning; others will use them after a eradication. They can give an view of whether assets may be at a straight exuberant enough for Heritage Tax to be paid and, if they are over the nil anyhow body toleration, how much may be distribution.

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