till 31.3.2012 service tax rate : 10.30%
from 1.4.2012 service tax rate : 12.36%
No tax is payable
TDS is Tax Deduction at Source which is deducted from the service holder/ consultant during payment. At present, TDS is 10.1%. Service tax is a tax payable on the service provided by the service provider, at present it is at 12.36%
10,000 service tax
In what state or what country?
25%
The rate of Service Tax in the Year 2005-06 was 10% plus Education Cess of 2% i.e 10.2%
The TDS rate on any photography service is 10%. This tax amount is required to be deducted at the source.
It is 5.5% at present Aug 2012
Service tax on domestic hotel packages with air ticketservice tax on international hotel packages with air ticket & cruiseservice tax on hotel with car transportservice tax on hotel with mealservice tax on hotel without meal
In a progressive tax, the more you earn, the higher your tax rate. In a regressive tax, the less you earn, the higher your tax rate. Most countries use a progressive form of taxation on income, because most people believe that a higher tax rate on "poor" people is undesirable. The present IRS mess comes into play only on higher income individuals with multiple sources of incomes. It is still quite simple for the "average" wage earning taxpayer.
After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)
The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.