History Income tax levels in India were very high during 1950-1980‚ in 1970-71 there were 11 tax slabs with highest tax rate being 93.5% including surcharges. In 1973-74 highest rate was 97.5%. But to reduce tax evasion tax rates were reduced later on‚ by "1992-93" maximum tax rates were reduced to 40%. [2][3] [edit]Residential status‚ Scope of taxable income & Charge [edit]Charge to Income-tax Whose income exceeds the maximum amount‚ which is not chargeable to the income tax‚ is an assesse
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Forecast for Medicare Reform Nina Brown American InterContinental University Health Policy/HCM620/Unit 3 September 23‚ 2012 Forecast for Medicare Reform Introduction From the time when Medicare was passed in 1965‚ it has delivered health care insurance to millions of elderly and disabled Americans. As effective this government program has survived‚ it is not progressing with the huge developments in the health care business such as with the prescription drug assistances
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Nara Hair Salon is a hair salon situated in Collins Street that permits the whole family to have their hair needs fulfilled in one helpful area. Nara Hair serves men‚ ladies‚ and kids and acknowledges arrangements and in addition walk-ins. Nara Hair likewise offers retail hair care items. Nara Hair can serve the whole family in one snappy‚ helpful visit. While there are numerous Saloons..Nara will exceed expectations because of its tender loving care with respect to client administration. Through
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PERSONAL COPY/ NOT FOR SALE OR CIRCULATION (Session 2012-13) INTRODUCTION HISTORY OF INCOME-TAX: 1. India’ trust with income tax dates back to 1859 when James Wilson‚ Finance member in the Council of India‚ came to the country to establish the tax structure‚ a new paper currency and to remodel the finance system. 2. A bill imposing tax on profits from property‚ professions‚ trades and offices was passed by the Legislative Council of India. It received the assent of the Governor General on July
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Mrowicki 4-7-2014 Minimum Wage Income inequality in America has become a big issue‚ one that many of us hear every day; whether on the news or from our parents. But normally‚ we don’t hear the actual phrase used. We hear things like “the top two percent‚” or‚ the “rich vs. the poor.” So‚ what is income inequality? Income inequality is defined as the difference between individuals or populations in the distribution of their assets‚ wealth‚ or income. So‚ with that in mind‚ why would
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10‚ 2013 Purpose: To provide quality training for the new audit compliance system there will be necessary expenditures. This memo will present the final budget proposal these expenditures include but are not limited to: wages‚ materials‚ travel expenses‚ and training materials. Steps have been put in place to minimize the overall cost of the training but not at the cost of quality of the project. Budgetary Numbers: Humane Resources Cost: While the U.S. Immigration Customs Enforcement has many
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The Company Logo—an asset or expense? As the title of this essay suggests‚ it must first be decided whether the company symbol or logo should be recognized as an asset or an expense. An asset is defined as something of value‚ such as cash‚ equipment‚ inventory‚ or buildings‚ while expense is defined as something that has a negative effect on the value of the practice‚ such as accounts payable. The simple question that needs to be answered is “Does the company logo contributes to or takes away from
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And Tax Incidence Concept And Calculation Of Tax Income Under The Head Salary FBT* And New Perquisites Income Under The Head House Property Income Under The Head Business And Profession Income Under The Head Capital Gains Income Under The Head Of Other Sources Clubbing Of Incomes Set Off And Carry Forward Of Losses Agriculture Income And Its Taxability Deduction From Gross Total Income Exempted Incomes Assessment Procedure Advance Payment Of Income Tax Tax Deducted At Source Charitable And Religious
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name Ms. English 15 April 2012 Physical Beauty To Inner Beauty "Beauty is not in the face; beauty is a light in the heart." Kahlil Gibran Physical beauty and inner beauty are equally important. Physical beauty may be defined as one’s appearance‚ or personal hygiene. Inner beauty may be defined as one’s personality‚ or actions. Physical beauty and inner beauty may be similar in some ways‚ but also dissimilar in some other ways. They can be similar and dissimilar in ways such as‚ mind‚
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physical beauty and inner beauty. We are not angels to search only for inner beauty. Also we are not devils to search only for outer beauty. We have eyes‚ first of all we look at someone physical‚ but as the time goes by we know the real people whether having inner beauty or not. The three aspects i am going to discuss are respect‚ confidence and relationship. The three aspects i am going to discuss are respect‚ confidence and relationship. The are many different between physical beauty and inner
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