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What is the rate of depreciation of aircondition as per incometax act as on 2004-05?
As of the financial year 2004-05, the Income Tax Act in India allowed for a depreciation rate of 15% on air conditioning equipment under the category of plant and machinery. This rate is applicable for calculating depreciation for tax purposes, helping businesses reduce their taxable income by accounting for the wear and tear of their air conditioning assets.
15000 annual income hourly rate?
$7.81 per hour
What is the rate of depreciation of air conditioner as per income tax act?
10% is the rate of depreciation on air condition
What is Depreciation rate for plant and machinery?
The depreciation rate for plant and machinery typically varies depending on the accounting policies of the organization and the applicable tax laws in the jurisdiction. In many countries, the straight-line method is commonly used, with rates often ranging from 10% to 20% per year, depending on the expected useful life of the asset. Additionally, some businesses may opt for accelerated depreciation methods, which allow for higher deductions in the earlier years of an asset's life. It's essential to refer to specific regulations and guidelines to determine the appropriate rate for a given context.
You have drawn 17500 per month How much do you pay the tax per annum?
The tax per annum is determined by the government approved tax rates for particular income brackets. The current tax rate for a 200,000 annual income in the US is 13.8% the federal tax rate is 24.0%.
What is the average yearly income for Brazil?
According to "Per Capita Income Around the World" Brazil's per capita income is $7,480 in U.S. dollars.
What three statistics are combined to make the Human Development Index?
per capita income , gross enrolment rate , infant mortality rate
How does the literacy rate of a country directly affect its citizen?
The number of poor people in the country affects its literacy rate.
What is the rate of dep. of air conditioner as per income tax act for ay 2012-13?
10%
What is the income in Israel?
The per capita income (income per person each year) is 37,400 US dollars. The income per household is 57,400 US dollars/year. Most Israeli households have two wage-earners; and Israel has a high marriage rate, so a high percentage of adults do not live alone.
What is the per capita income of Scotland?
According to the Scottish Economic Statistics Report, the per capita income in 2005/2006, the most recent period for which data is available (as of November 2010), was £12,805. At the current conversion rate, this is the equivalent of $20,721.81 US dollars. By comparison, the per capita income in the United States for 2006 was $37,698.
What would my annual income in a numeric value be if I receive $794 per monthly?
Annual income is the total value of income earned during a fiscal year. ... You can easily convert your hourly, daily, weekly, or monthly income to an annual ... What would her annual income be if she works 8 hours per day, 5 days per ... Employees who earn a wage are paid based on a rate that is multiplied by the number of ...
