Email: investespot@gmail.com : support@commoditylive.in

Contact Number: 098743022822
     

Tax Planning:

We plan your tax free  of cost just required following details:

Required details:

Personal details:
Full Name::  Email ID::  Mobile No.:: City:: Address with Pin Code:: Date of Birth:: PAN card no:: Gender:: Occupation:: Education

Income details:
Annual Income:: Investments:: (80c+80cc+80ccd):: HRA Exemption:: U/S 80D for parents:: U/S 80D (Bonds infra):: other deductions 

Expenses details:
Expenses: (details):: Expenses Amount()
Annual Expenses (non discretionary)
Annual Expenses (discretionary)

Assert and Liabilities details::
Aggregated Market value of Investments: 
Aggregated value of outstanding loan taken:
Tenure of loan left:
Loan EMI amount per month

Insurance details:
Aggregate life insurance 
Medical insurance 
Car insurance
Critical illness
Accident insurance  


Plan your tax and save money for long term

The government of India imposes an income tax on taxable income of individuals, Hindu Undivided Families(HUFs), companies, firms, co-operative societies and trusts (identified as body of individuals and association of persons) and any other artificial person. Levy of tax is separate on each of the persons. The levy is governed by the Indian Income Tac Act, 1961. The Indian Income Tax Deparment is governed by the Central Board for Direct Taxes(CBDT) and is part of the Department of Revenue under the Ministry of Finance, Govt. of India.

Corporate Income tax

For companies, income is taxed at a flat rate of 30% for Indian companies, with a 5% surcharge applied on the tax paid by companies with gross turnover over Rs. 1 crore (10 million). Foreign companies pay 40%.An education cess of 3% (on both the tax and the surcharge) are payable, yielding effective tax rates of 32.5% for domestic companies and 41.2% for foreign companies. From 2005-06, electronic filing of company returns is mandatory.

Income Tax Rates/Slabs Rate (%): Individual

For men:

→ Up to 1,80,000 = NIL ,

→ 1,80,001 – 5,00,000 = 10%,

→ 5,00,001 – 8,00,000 = 20%,

→ 8,00,001 upwards = 30%,

Up to 1,90,000 (for resident women)= NIL,

Up to 2,50,000 (for resident individual of 60 years or above)= 0,

Up to 5,00,000 (for very senior citizen of 80 years or above)= 0.