Forwarded from CA Foundation Knowledge Portal
Fresh batches for CA-Inter Nov 2019 starting from January,28, Monday..
Forwarded from CA Foundation Knowledge Portal
Pen drive classes also available
Watch this video to know abt Taxation subject before you start reading it
AVJ announces fresh face to face batches in Laxmi Nagar for CA Inter Taxation by CA Sanchit Grover. Join the classes and feel the difference in methodology of our teaching. Pen drive classes of latest batch also available for outstation students
Here's the link to 1st class of Costing and Management accounting
Hi all
The amendments brought in budget today wont b applicable for your taxation paper in May 2019 and Nov 2019 exams. But as i say, its all good to gain knowledge abt whats happening around you.
Would share a short update soon for those who wish to read solely for knowledge purpose
The amendments brought in budget today wont b applicable for your taxation paper in May 2019 and Nov 2019 exams. But as i say, its all good to gain knowledge abt whats happening around you.
Would share a short update soon for those who wish to read solely for knowledge purpose
Result date for CA Inter Nov 2018 announced...its 8th Feb 2019.
Thats how a finance bill looks like. Even if u r not able to understand it ryte now, but atleast you should know how it looks like
*Reality behind Tax Exemption limit of Rs. 5 Lakh*
Slab rate of income tax for individuals has been kept same as last year, however rebate under section 87A has been increased from 2,500 to 12,500 for all those individuals resident in India whose total income does not exceeds Rs. 500,000. Income tax upto the income of Rs. 5,00,000/- come to Rs. 12,500. Rebate of same amount has been given in section 87A.
Thus benefit shall not be available to those individuals whose total income exceeds Rs. 5,00,0000 or who is non-resident.
Slab rate of income tax for individuals has been kept same as last year, however rebate under section 87A has been increased from 2,500 to 12,500 for all those individuals resident in India whose total income does not exceeds Rs. 500,000. Income tax upto the income of Rs. 5,00,000/- come to Rs. 12,500. Rebate of same amount has been given in section 87A.
Thus benefit shall not be available to those individuals whose total income exceeds Rs. 5,00,0000 or who is non-resident.