There are many ways by
which salaried professionals and business people can save on the payment of income tax at the end of any financial year.
Not exact matches
For example, in Britain, one of the biggest providers of legal advice is the Citizens» Advice Bureau,
which is staffed with
salaried managers, trained volunteers, and
professionals (including solicitors) available as backup or for specialized advice.
Yet, with funding in place, the project begins to suggest a different way of doing science, in
which, instead of competing fiercely to win a series of contests (for fellowships, jobs, grants, or tenure)
salaried scientists get paid to carry out disinterested work in a
professional and precise way.
Financial Year is therefore the year in
which business people,
salaried professionals and senior citizens earn their money while the following year
which is AY is the time when the income that has been previously earned gets evaluated.
While the rate at
which the banks carry out TDS is 10 % employers of
salaried professionals may also carry out TDS deductions as per rates of income tax slab that are applicable.
A real estate
professional — a
salaried, not commissioned, buyer's rep — assists until the customer is ready to buy,
which may include a property tour; then a broker negotiates the contract, and a transaction manager takes it to closing.
Lately, he's moved beyond recruiting military types to hiring attorneys and technology
professionals,
which points up another advantage of operating a mix of
salaried and commission - based offices.