2.5 lakhs. Anyone earning less than 2.5 lakhs in a year need not pay any taxes
No.
If the total amount of disposable income you receive exeeds the the minimum taxable income threshold, then yes of not, then no.
Social security benefits may be taxable depending on your total income for the year. If your income is above a certain threshold, up to 85% of your social security benefits may be subject to income tax. It's best to consult with a tax professional to determine if your benefits are taxable.
No it is not taxable
non taxable upto Rs 3000 per month. Taxable beyond that.
Taxable income is the total amount of your income that is taxable. Certain types of income are exempt from taxes, but most income is taxable. To find out more information about taxable income, go to http://en.wikipedia.org/wiki/Taxable_income
ALL income is taxable.
Yes, Bonuses are income and income is taxable
Supplemental security income (SSI) is not taxable income.
Taxable income is the portion of income that is the subject of taxation according to the laws that determine what is income and the taxation rate for that income. Generally, taxable income refers to an individual's (or corporation's) gross income, adjusted for various deductions allowable by statute. The main questions put by most individuals in any jurisdiction are "what makes up my taxable income" and what tax rates should be applied such that I can work out my tax liability to the state. For example, suppose within a year, one person earned $100,000 from work, made $50,000 profit from selling stock, and won the lottery for $1,000,000. This person has, prima facie, an income of $1,150,000. However, some of this income may be taxed at a lower rate or perhaps not taxable at all. In most western countries, 100% of regular salary (above a certain threshold) is taxable and a portion of Capital Gain (ie profit from selling stock or real estate) is taxable.
In the UK, the HM Revenue & Customs website offers detailed information about taxable income. It is also explained what counts as taxable income and what counts as a non-taxable income.
Yes, any income no matter how you make it is taxable.