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.
The minimum amount of income you need to earn in order to be subject to taxation is determined by the tax laws of the country you live in. This amount is known as the "tax threshold" or "taxable income threshold." If your income exceeds this threshold, you are required to pay taxes on that income.
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.
non taxable upto Rs 3000 per month. Taxable beyond that.
No it is not taxable
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.
No, income tax and taxable income are not the same thing. Taxable income is the amount of income that is subject to taxation, while income tax is the actual tax that is calculated and paid on that taxable income.
Yes, Bonuses are income and income is taxable
Yes, military pensions in India are taxable under the Income Tax Act. However, they are classified as "pension" income and are subject to taxation based on the individual's total income. Certain exemptions may apply, such as relief for disability pensions, which may not be fully taxable. It's advisable for pensioners to consult a tax professional for specific guidance based on their circumstances.
Supplemental security income (SSI) is not taxable income.