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Finance, Taxation and All Statutory Information For Everyone

Finance, Taxation and All Statutory Information For Everyone

Income from salary head

Basis of charge [sec 15]] Salary is taxable due or receipt whichever is earlier Gratuity [sec 10(10)] A) Government employee

Finance Bill 2012 · Slab rates for Individuals: Income upto Rs Income tax 2 lacs – NIL 2lacs -5lacs

1. On Line facility to Dealers:- (a) It is proposed to provide a new system in which a dealer purchasing

[wp_ad_camp_1] Control Ratios: Activity Ratio = Standard Hours for Actual Production ÷ Budgeted Hours x 100 Capacity Ratio = Actual

1. Cost of Abnormal Wastage = Normal cost ÷ Normal output x Abnormal Wastage inn units 2. Cost of Abnormal

[wp_ad_camp_1] Profit to be taken to Profit & Loss in case of Incomplete Contracts. 1. When the work certified is

Economic batch Quantity: 1. EOQ = √ 2AB / CS A = Annual consumption in units B = Buying

[wp_ad_camp_1] Factory Overhead Rate: (i) Direct Material Cost Method =Amount of Factory Overheads ÷ Cost of Direct materials used x

Maximum Level Maximum Level = Re-order level + Re-order quantity – (Minimum consumption x Minimum Re-order

What is e filing? E filing is a facility for the electronic filing of Service tax returns by the assesse