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Is sumptuary allowance exempted fronm income tax?

Is sumptuary allowance and daily allowance paid to the minister in india are taxable


How much percent income tax is paid by Mumbai in India?

40%


Do i have to file 1098-T on my income tax 2014?

Form 1098-T is the form where tuition is reported to students who may have paid tuition. You do use this to complete your tax return.


How much taxes are to be paid on 200000?

In India, there is no tax to be paid for income upto Rs 200 000.


Is tuition a noun or verb?

The word 'tuition' is a noun, not a verb.Example: "She paid the tuition for her son."


Who paid Obama's high school tuition?

His maternal grandparents paid his high school tuition with money they had saved up.


What is a tuition paid program?

A program funded by tuition, and not by other sources (such as government/charity)


What percentage of income tax is paid by what income group?

These numbers are for Federal Income Tax for 2008.The top 50% paid 97.3% of all Federal Income taxes collected.The top 10% paid 69.9%The top 5% paid 58.7%The top 1% paid 38.2%The bottom 50% of income earners only paid 2.7% of the total Federal Income tax in 2008


Is income tax a current liability or an expense?

Accrued income tax (Income Tax Payable) is a current liability. When the tax is actually paid it is reported on the income statement as Income Tax Expense.


What is the percentage of tuition paid by a Rhode Island College student?

25%


Is PTO taxed as income?

Yes, PTO (paid time off) is typically taxed as income when it is paid out to employees.


Income tax for marine biologist?

Income tax for a marine biologist is paid the way other taxes are paid in the United States. A percentage of income is paid to both state and Federal internal revenues.