"INCOME TAX CALCULATOR 2010-11 SALARIED INDIVIDUALS” plus 3 more

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• INCOME TAX CALCULATOR 2010-11 SALARIED INDIVIDUALS
• MAT ON BOOK PROFITS IN REVISED DIRECT TAXES CODE
• GAAR continues to stay in Direct Tax Code,2011
• CAPITAL GAIN TAX ON SHARES /OTHER IN NEW DIRECT TAX CODE

INCOME TAX CALCULATOR 2010-11 SALARIED INDIVIDUALS Posted: 16 Jun 2010 08:26 PM PDT I have amended most useful Income tax calculator available for free i.e Ynitya Income tax calculator for the Financial year 2010-11 .This calculator has many useful features and person who has used the same in past ,wait for new release every time but release for original calculator is late every... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

MAT ON BOOK PROFITS IN REVISED DIRECT TAXES CODE Posted: 16 Jun 2010 07:24 PM PDT True to his reputation as a business- and people-friendly Minister, the Finance Minister, Mr Pranab Mukherjee has conceded to most of the demands of stakeholders on the proposed Direct Taxes Code (DTC). The revised discussion paper on DTC, released on Tuesday, has addressed the concerns on all the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

GAAR continues to stay in Direct Tax Code,2011 Posted: 16 Jun 2010 12:04 PM PDT The DTC(Direct tax code) proposes to introduce GAAR(General Anti-Avoidance Rule) as a deterrent and a tool against tax avoidance. GAAR is a broad set of provisions that have the effect of invalidating an  arrangement that has been entered into by a taxpayer with the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

CAPITAL GAIN TAX ON SHARES /OTHER IN NEW DIRECT TAX CODE Posted: 16 Jun 2010 11:55 AM PDT Normal Tax rates on Capital Gain:Under the proposed DTC(Direct tax code), any gains arising from investment assets were liable to be taxed as capital gains at the rate of 30% in case of non-residents and at the applicable marginal rates in case of residents. In the RDP(revised... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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