2006-12-01 20:45:08 · 6 answers · asked by potti 1 in Business & Finance ➔ Taxes ➔ India
Buy any one Direct Taxes Ready Reckoner like Taxmann's or Mehatha or Bharathbhushan any other book. The said books may cost between Rs.150/- (mini) to Rs.400/- each. These books will give you full details about Income Tax.
Reddy
2006-12-01 22:17:57 · answer #1 · answered by Anonymous · 1⤊ 0⤋
There is no fixed rate. The rate of interest depends on the income bracket you falls in.
Income of Rs 1-1.5 lakh will now attract 10 per cent tax, Rs 1.5-2.5 lakh 20 per cent and above Rs 2.5 lakh 30 per cent. Further ten per cent surcharge will apply for incomes above Rs 10 lakh.
A surcharge of 2%(education css) on income tax is also payable.
For more info refer to following links
http://incometaxindia.gov.in/
OR
http://www.taxmann.com/TaxmannDit/DisplayPage/dpage2.aspx?md=24&typ=cn&yr=2005
2006-12-02 05:36:50 · answer #2 · answered by Jonathan J 2 · 0⤊ 0⤋
No book is required to be purchased.
Simply surf www.allindiantaxes.com which is the most informative tax site of India covering all latest developments
2006-12-02 09:31:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Direct tax ready reckoner
2006-12-02 06:09:29 · answer #4 · answered by manish 1 · 0⤊ 0⤋
No need of purchasing the book. You can visit the taxmann website.
2006-12-06 01:40:06 · answer #5 · answered by Bala 2 · 0⤊ 0⤋
direct taxi
2006-12-02 06:26:28 · answer #6 · answered by dream theatre 7 · 0⤊ 0⤋