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What effect do pretax salary reductions have on the federal income tax?

what effect do pretax salary reductions have on the federal income tax?


Is income tax inspector a gazetted officer?

Incometax Inspector is not a Gazetted Officer.


How do you convert after-tax salary to before-tax salary?

Divide your post tax income by your effective tax rate %. (After tax)/(effective tax rate %) = Before tax income Your effective tax rate is your tax amount divided by your taxable income (net any deductions). (tax paid in $ + tax bill/refund)/(income - deductions $)


Income tax is liable on the salary of the president of India?

President of India's salary (as in case of Prime minister) is totally exempt from Income Tax.


What is the starting salary of tax assistant in income tax department?

starting salary of a tax assistant is around 21 thousand


What kind of tax is paid on a persons salary?

That would be income tax


What is the total salary of a new appointed tax assistant in income tax office?

what is the total salery of an income tax officer


What is the highest paying job for tax professional?

Being a tax inspector is the highest paying job for a tax professional. In the United States, as of 2013, the average annual salary of a tax inspector is $40,000.


How much of my income is generally taxed?

Your income tax rate would depend on what you salary is at. Someone at a entry level job would expect a rate of about 15% of the salary as income tax.


Monthly salary of a person is Rs 10000 prepare his income tax schedule find the income tax payable by him?

No


What is a tax that you pay on the money you earn?

To answer your question, the taxes you pay on the money you earn (salary, income) is called income tax.


What is the duties of income tax inspector?

The main job of an income tax inspector is the collection of taxes. This means making sure that all individuals file their taxes. They also are charged with finding out who is defaulting on their individual taxes.