03-25-2010, 08:14 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by OSAIDism</i>
<br />In Accordance with Income Tax Ordinance 2001,
Income tax shall be calculated on Rs.550000 (ie is Income from business and Salary) @ 3.5% (Slab 6)
And income from property shall be taxable as
income from property 250000
less exempt up to (150000)
and then 100000 @ 5%..
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Where the income of an individual chargeable under the head âsalaryâ
exceeds fifty percent of his taxable income, the salary rates of tax will be aplay,
par agar 50 % se kam ho to kiya alag alag rate lage ga ????
<br />In Accordance with Income Tax Ordinance 2001,
Income tax shall be calculated on Rs.550000 (ie is Income from business and Salary) @ 3.5% (Slab 6)
And income from property shall be taxable as
income from property 250000
less exempt up to (150000)
and then 100000 @ 5%..
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Where the income of an individual chargeable under the head âsalaryâ
exceeds fifty percent of his taxable income, the salary rates of tax will be aplay,
par agar 50 % se kam ho to kiya alag alag rate lage ga ????
