The Tax Preparation Blog

Posts Tagged ‘india’

Question: How much percentage should we pay as a Professional Tax from our salary in chennai? Pls let me know.?

How much percentage should we pay as a Professional Tax from our salary in chennai? Pls let me know. i cld not get the proper detail from the web search. pls help me to find out this.

Answer: It will depend upon your yearly income.

KIT digital Reports First Quarter 2011 Results

Q1 2011 Revenue Up 98% Overall and Up 38% Organically Year-Over-Year to $34.5M, Driving 139% Increase in EBITDA to Record $7.1M

Accenture Reports Strong Second-Quarter Fiscal 2011 Results

Accenture reported strong financial results for the second quarter of fiscal 2011, ended Feb. 28, 2011, with net revenues of $6.05 billion, an increase of 17 percent in U.S. dollars and 18 percent in local currency over the same period last year and exceeding the company’s guided range of $5.6 billion to $5.8 billion.

Climate Change -The Transport Challenge

Question: Will it help ,if only 5% income tax is applied to all tax payers flat & all other taxes aborted?

Income Tax Sales tax department of India

Answer: good suggestion and also i think it will be viable

Crooks offer refund on online tax refund!

Public’s lack of awareness and technical sophistication of the cybercrooks has led to an increase in phishing attacks.

150 Years of Income Tax.wmv

Question: i worked in usa till jun07 & paid taxes in usa. i went back to india again & paid tax on us income.IT refund??

i worked for an indian company till June 2007 in USA and paid my US taxes in USA. I went back to India in July and my indian company again charged me taxes on my USA income from Apr-June07 in India and deposited it to Indian tax department assuming that my status will now be Indian resident. But i changed my employment and again came back to USA (period of stay in india was only 5 weeks in July). I am aware that India and US has double tax treaty according to which i should be charged taxes only in one country. My question is that , in which country I should get the refund of this tax. In INDIA by filing indian tax return or In USA in US return and is there special tax form I need to use for this. e.g 1116 for US or ?? for india.
It is a matter of about $4000 which my indian employer charged me in India on my US income , which shouldn’t be since I am not a resident of India for indian tax purposes.

Answer: Get it from India. The USA is broke

Beware the siren call of emerging markets

The story of emerging markets is a seductive one. They are go-get-’em economies, growing at a staggering pace, set to speed past the moribund West in little over a generation. What’s more, the main emerging markets of Brazil, Russia, India and China (Bric) have massive populations, growing middle classes and, crucially, young demographics. We all know by now the narrative, and for investors …

Why Asia needs a strong Arms Trade Treaty

Manhattan Associates Reports First Quarter 2011 Revenue and Earnings

ATLANTA — Leading supply chain optimization provider Manhattan Associates, Inc. today reported first quarter 2011 non-GAAP adjusted diluted earnings per share of $0.41 compared to $0.40 in the first quarter of 2010, on license revenue of $7.8 million and total revenue of $71.7 million.