Income taxation ppt
WebBest Tax PowerPoint Templates CrystalGraphics is the award-winning provider of the world’s largest collection of templates for PowerPoint. Our beautiful, affordable … WebTaxation – Business Income • Expenditure on Eligible Project / Scheme : Sec.35AC • Where assessee incurs any expenditure by way of payment of any sum to public sector company or local authority or an institution or association approved by the National Committee for carrying out any eligible project or scheme it will be allowed as deduction. • Eligible …
Income taxation ppt
Did you know?
WebTaxation is the process by which the government collects revenue in order to pay for its expenses . In the Philippines , the Bureau of Internal Revenue ( BIR ) is the primary implementing agency in charge of tax collections in the Philippines . There are many forms of taxes in the Philippines the most common of which are Value Added Tax or VAT , … WebThe Indian tax system is well structured and has a three-tier federal structure. The tax structure consists of the central government, state governments, and local municipal bodies. When it comes to taxes, there are two types of taxes in India - Direct and Indirect tax. The direct tax includes income tax, gift tax, capital gain tax, etc while ...
WebISTAT is involved in various EU projects with the objective of "supporting the Lisbon objectives, EU governance and the process of national policy coverage with the best EU-wide and national policy impact … WebDownload Tax PowerPoint templates (ppt) and Google Slides themes to create awesome presentations. Free + Easy to edit + Professional + Lots backgrounds.
WebNov 5, 2014 · 6. A tax imposed on taxable income in one taxable year. It is based on the gross income/ taxable income payable yearly by individual persons or corporations. 7. … WebTaxation: Exempt Incomes • Sum received from Life insurance policy including bonus but this exemption isnot available for: a) Scheme under sec.80DD – Maintenance and medical treatment of dependant with disability b) Key man insurance policy c) Where annual premium exceeds 10% of actual capital sum assured. d) An insurance policy issued after …
WebThe tax structure in India is divided into direct and indirect taxes. While direct taxes are levied on taxable income earned by individuals and corporate entities, the burden to deposit taxes is on the assessees themselves. On the other hand, indirect taxes are levied on the sale and provision of goods and services respectively and the burden ...
WebApr 13, 2024 · ITR-1 or Sahaj is a type of Income Tax Return Form used by a resident individual in India. This form is applicable for the Assessment Year 2024-24. The form is … grass bottom border clipartWebDiscover the three basic tax types —taxes on what you earn, taxes on what you buy, and taxes on what you own. Learn about 12 specific taxes, four within each main category— … grass border imageWebMar 28, 2024 · The payer has to deduct an amount of tax based on the rules prescribed by the income tax department. For instance, An employer will estimate the total annual income of an employee and deduct tax on his Income if his Taxable Income exceeds INR 2,50,000. Tax is deducted based on which tax slab you belong to each year. grass boulevardWebJul 4, 2024 · In a nutshell, the PPT aims to deny tax treaty benefits in case of treaty abuse and it consists of three main elements: A benefit under a tax treaty includes a tax deduction, exemption, deferral or refund. In the OECD Model, the benefit under tax treaty is found in the provisions of Art. 6 to 22, art. 23, and art. 24 of the OECD Model Tax Treaty. grass boundaryWebOct 7, 2014 · Presentation Transcript. Taxation and income distribution Today: Some basic tax theory. Begin Unit 4 • Today • Parts of chapter 14 • An introduction to some basic … grass bottle rackWebTaxation -Salary Taxation -Salary 7.Surrender of Salary: If an employee surrenders his salary u/s 2 of Surrender of Salaries (Exemption from taxation act 1961), the salary so … chitosan chargeWeb4. Objectives of Taxation. Goals include raising revenue, wealth. redistribution, price stability, economic growth, and social goals. Horizontal equity persons in similar. circumstances … chitosan chemical formula