The ratio of income and expenditure is 9:5. Income increases by 40% and expenditure decreases by 10%. If the initial income is ₹45,000 then the final saving (in ₹) is:
40,500
Initial income = ₹45,000 Initial expenditure = (5/9) * 45000 = ₹25,000 Increased income = 45000 + (40/100) * 45000 = 45000 + 18000 = ₹63,000 Decreased expenditure = 25000 - (10/100) * 25000 = 25000 - 2500 = ₹22,500 Final saving = 63000 - 22500 = ₹40,500
As per the new tax regime of India, what is the exemption limit of income tax for financial year 2022-23?
What is the basic difference in the aggregates at market price and factor cost?
If assesssee is engaged in the business of growing and manufacturing tea in India, the non-agricultural income in that case be:
Arrange the steps to e-filing of Income Tax Return in correct sequence:
a) Register yourself
b) Verify ITR V
c) Select the requisite form
d) Fill form and upload
Choose the correct option from those below:
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