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What is the rate of service tax on international hotel booking service?
No tax is payable
What is the difference between TDS and service tax?
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%
What is service tax slab rate for 2012 to 2013 financil year?
10,000 service tax
What is the service tax rate?
In what state or what country?
What is the present corporate tax rate in Ghana?
25%
What is the rate of service tax for the year 2005-06?
The rate of Service Tax in the Year 2005-06 was 10% plus Education Cess of 2% i.e 10.2%
What is the current rate of central sales tax in Karnataka?
It is 5.5% at present Aug 2012
Service tax rate for domestic and international air ticket?
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
What is the real reason America does not have a flat tax instead of the present IRS mess?
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.
How do you find the tax rate if you have the pre tax and after tax profit?
After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)
What is features of service tax?
Service tax is a form of indirect tax levied on services provided by service providers to consumers. Key features include its application only to specific services listed under the law, the obligation for service providers to collect and remit the tax, and the ability for businesses to claim input tax credits on services used for taxable activities. The tax rate is typically a percentage of the service value, and it is governed by regulations set forth by the tax authorities in a given jurisdiction.
What tax rate increases as the tax base increases?
The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.
