03-25-2010, 10:19 PM
<b>Calculation for 2009-10</b>
App ki salary Income 200,000/= hay is or ye Exempt hay han agar 200001/= hoti to ye taxable income hoti.
Business income 350,000/= hay is par 7.5% Income Tax lagy ga yani 26250/=
Rental Income 250,000/= hay is is may say aap ki 150,000/= income exempt hay is waja say 100,000/= par 5% k hisab say income tax lagy ga 5000/=
Is tarhan aap ki total tax liabliti bany gi 31250/=
<b>Calculation for 2008-09</b>
App ki salary income 200,000/- hay or taxable hay par ye amount chunky aap ki total taxable income ka 50% say kam hay is waja say app salay income ko business income may add kar dayn gay yani ab aap ki income 550,000/= ho jaye gi,,
Chunky aap ki salary income total income k 50% say kam hay is waja say app ko Business Tax rate layna pary ga,,,, jo k 12.5 % hay, is tarhan aap ki tax liability 68,750/= bany gi.
Rental Income 250,000/= hay is is may say aap ki 150,000/= income exempt hay is waja say 100,000/= par 5% k hisab say income tax lagy ga 5000/=
Total tax liability for the year 2008-09 ho gi 73,750/=
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by smimranhaider</i>
<br />Dear All,
If one is earning income from various head of Inocome then which rate will be applied??
e.g- there are three income from three heads.
Income from Bussiness 350,000
Income From Salary 200,000
Income From Property 250,000
Total Income 800,000 Which rate applay ???
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
App ki salary Income 200,000/= hay is or ye Exempt hay han agar 200001/= hoti to ye taxable income hoti.
Business income 350,000/= hay is par 7.5% Income Tax lagy ga yani 26250/=
Rental Income 250,000/= hay is is may say aap ki 150,000/= income exempt hay is waja say 100,000/= par 5% k hisab say income tax lagy ga 5000/=
Is tarhan aap ki total tax liabliti bany gi 31250/=
<b>Calculation for 2008-09</b>
App ki salary income 200,000/- hay or taxable hay par ye amount chunky aap ki total taxable income ka 50% say kam hay is waja say app salay income ko business income may add kar dayn gay yani ab aap ki income 550,000/= ho jaye gi,,
Chunky aap ki salary income total income k 50% say kam hay is waja say app ko Business Tax rate layna pary ga,,,, jo k 12.5 % hay, is tarhan aap ki tax liability 68,750/= bany gi.
Rental Income 250,000/= hay is is may say aap ki 150,000/= income exempt hay is waja say 100,000/= par 5% k hisab say income tax lagy ga 5000/=
Total tax liability for the year 2008-09 ho gi 73,750/=
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by smimranhaider</i>
<br />Dear All,
If one is earning income from various head of Inocome then which rate will be applied??
e.g- there are three income from three heads.
Income from Bussiness 350,000
Income From Salary 200,000
Income From Property 250,000
Total Income 800,000 Which rate applay ???
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
