Sentences with phrase «slab rate»

It is taxed at your income tax slab rate in the year in which you receive the value.

Pay tax at slab rate on the remaining amount.

Income Tax slab rates help you decide whether your income is taxable or not.

However, annuity income from a pension plan is not exempt and taxed at normal slab rates applicable to the insured.

The tax amount depends on the income tax slab rate that is applicable to you.

Due to increase in slab rate for insurance category Audi A3 insurance cost in India is higher at 18 %.

Therefore the total income will be Rs. 15 lacs and the entire income is taxed as per slab rate.

If the policy is surrendered before the lock - in - period of 5 years, then the entire surrender value will be treated as income for the current year and will be added in Gross Total Income and thus will be taxed as per applicable tax slab rate of the individual.

Ciaz insurance price is relatively higher due to increase in slab rate for insurance category @ 18 %.

The applicable slab rates decide the tax levied on them.

So, your Short term capital gains in this FY will increase and the taxes have to be paid as per the applicable IT slab rate.

Audi A4 car price in India hikes due to high slab rate for luxury vehicles.

Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months

Baleno car insurance price is relatively higher due to increase in GST slab rate for insurance sector @ 18 %.

However in case of NSC, income earned on interest is taxable at the respective slab rate of the individual.

Therefore the total income will be Rs. 18 lacs and the entire income will be taxed as per slab rate.

STCG is taxed @ of 20 % without indexation & LTCG is per «IT slab rate».

3Tax savings of INR 46,350 is calculated at the highest tax slab rate of 30 % plus education cess on premium payment of INR 1,50,000 p.a. u / s 80C of the Income Tax Act, 1961.

HDFC Life provides the latest income tax slab rates in India for different age groups and tax benefits offered by various life insurance policies, for the financial year 2017 - 18.

Below we have given some tables that list Tax slab rates for FY 2016 - 2017 (AY 2017 - 2018).

Due to increase in slab rate for insurance category Wagon R insurance cost in India is higher at 18 %.

Sale of capital assets such as property, gold, and bonds: in this case, the Capital Gains Tax is charged at the same rate as that of the investor's or the taxpayer's income tax slab rate.

Dear Joy, This is treated as Short Term Capital Gains and the gains will be taxed as per your income tax slab rate.

Else, the LTCG claimed earlier will be added to your income and has to pay tax as per your income tax slab rate.

Dear Valli, Kindly note that Short Term Capital Gains have to be included in her taxable income and taxed at applicable income tax slab rates.

Short Term Capital Gains are included in your taxable income and taxed at applicable income tax slab rates.

Dear Dheer, If the new property is sold within a period of three years, the earlier LTCG exemption claimed with respect to the old property shall be revoked and the capital gain on old property becomes taxable at the income tax slab rate that is applicable to the individual.

Short Term Capital Gains are included to taxable income and taxed at applicable income tax slab rate.

If it is sold before 3 years, Short Term Capital Gains are included in your taxable income and taxed at applicable income tax slab rates.

2 — No. 3 — No. 4 — Short Term Capital Gains are included in your taxable income and taxed at applicable as per your income tax slab rate.

Considering this scenario, if you are looking for regular interest income and are in 10 % or 20 % income tax slab rate, you may consider investing in up to three year Secured NCDs.

STCG tax rate @ of 10 % without indexation & LTCG tax rate is as per «income tax slab rate».

Under this scenario, if you consider «Date of possession» for holding period calculation then your capital gains fall under Short term capital gains and you have to pay taxes based on your income tax slab rate, which can be a hefty amount.

Dear santosh, If you have withdrawn your EPF balance within 5 years of service, such amount is taxable as per your tax slab rate.

Short - term capital gains from sale of tax - free bonds on exchanges are taxed at your income tax slab rate, while long - term capital gains are taxed at 10 % without indexation.

This means, if you sell your debt fund within 36 months, you will have to pay the short - term capital gains tax — the same as your income tax slab rate.

But, if your income tax slab rate is 30 % then you can consider investing some portion of your savings towards these bonds.

However, if your income tax slab rate is say 20 % then you need to pay the differential tax dues when filing your ITR.

Hi I have one lakh ra in FD and i am in 30 % tax slab rate, so should i invest in debt mf or liquid short funds for say 3 to 6 months or should i invest un long term.

Short - term capital gains from sale of tax - free bonds on exchanges are taxed at your income tax slab rate, while long - term capital gains are taxed at 10 % without indexation and 20 % with indexation, whichever is lower.

Dear Sanket, The tax rate is as per your income tax slab rate.

As rightly pointed out by you, the surrender value is added to your income and taxable as per your slab rate.

Debt funds — STCG tax rate is as per the individual's income tax slab rate.

However, the surrender value of an insurance policy is to be added to your taxable income & taxed as per your slab rate, if 5 policy premiums are not paid.

In addition to the slab rates given above, a surcharge of 15 % is charged on income where the total income exceeds Rs 1 Crore and 3 % education cess.

Income tax slab rates are broadly categorized as follows:

Income tax slab rates are defined on the basis of the earning of the taxpayers.

There are some changes introduced in the income tax slab rates for the financial Year 2017 - 18 (assessment year AY 2018 - 19).