Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum The Profession Tax v
« Previous 1 … 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 … 23 Next »
Gratuity of tax req or not

 
  • 0 Vote(s) - 0 Average
Gratuity of tax req or not
chacha
Offline

Junior Member

Posts: 2
Threads: 1
Joined: May 2010
Reputation: 0
#1
05-20-2010, 10:21 PM
Dear Sir

any one has a file of Salary taxable calcultion in xls,. Kindly forwarded to my below mailing address.
[email protected]

Another query while i calculated the salary tax of individual, would i taken the gratuity amount in tax,in other word the gratuity amount are come in taxable income.
Kindly reponse my query.

Thanks
CHACHA
ciapk
Offline

Posting Freak

Posts: 1,706
Threads: 25
Joined: Mar 2010
Reputation: 0
#2
05-21-2010, 12:04 AM
If at the time of payment of gratuity, total income of the individual including amount of gratuity at the time of final setelment come under the taxable slab, tax will be deducted from such amount by company.
chacha
Offline

Junior Member

Posts: 2
Threads: 1
Joined: May 2010
Reputation: 0
#3
05-21-2010, 05:18 PM
can you provide the slab of schedule of income ?
chacha
ciapk
Offline

Posting Freak

Posts: 1,706
Threads: 25
Joined: Mar 2010
Reputation: 0
#4
05-21-2010, 08:25 PM
Where the taxable income does not exceed Rs.200,000,0%
2. Where the taxable income exceeds Rs.200,000 but does not exceed Rs.250,000, 0.50%
3. Where the taxable income exceeds Rs.250,000 but does not exceed Rs.350,000, 0.75%
4. Where the taxable income exceeds Rs.350,000 but does not exceed Rs.400,000, 1.50%
5. Where the taxable income exceeds Rs.400,000 but does not exceed Rs.450,000, 2.50%
6. Where the taxable income exceeds Rs.450,000 but does not exceed Rs.550,000, 3.50% and so on
check in PART I RATES OF TAX (See Chapter II) Division I of IT ordinace, 2001 on FBR website
noman
Offline

Senior Member

Posts: 425
Threads: 42
Joined: Aug 2004
Reputation: 0
#5
05-23-2010, 05:35 PM
ciapk....i know i am posting in irrelevant thread...i wanted to get in touch with you..but you have not mentioned any contact info on ur profile.....i am Finalist too....and want to discuss something with u....you can send me email at my address mentioned in my profile..
zain_dada
Offline

Junior Member

Posts: 5
Threads: 0
Joined: May 2010
Reputation: 0
#6
05-30-2010, 10:17 PM
bhaijan... gratuity exempt hai Income tax ordinance 2001(2 schedule) kay under...approved gratuities 100% exempt hain aur unaproved rs 75000 ya 50% gratuity whichever is lower.... lakin kabhi board bhi gratuity exempt ker sakta hai upto 200000.....
« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)



  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

© 2002-2024 Accountancy. Copyrights of all content on this web site are owned by Accountancy except where indicated in source or copyright statements. Accountancy must be contacted for permission to copy or redistribute any material published on this website.

Linear Mode
Threaded Mode