Forums
FSA
CFA
answered on 25-Jun-24 20:27
How did they calculate the Accelerated depreciation of 3L,2L,1L here? 23rd video Analysis of income tax at 31min 30sec
latest answer
he said that at 31.00
Dhakshana Dhakshana
CFA L2
★ 18K+
2
286
Memorandum of association
Corporate & Other Laws
answered on 25-Jun-24 15:51
My quation is related to object cluse For example ABC company one of the director is authorized to issue cheque of ₹10000, but he issued for ₹12000 Is it ultra virus??
latest answer
Thanks for your answer And the way you explain is very easy to understand 😊👍
siddesh N
CA Inter
★ 4K+
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498
AS 19
Accountancy
answered on 25-Jun-24 15:21
why are we taking 22000 as residual value instead of 15000 for computation?
latest answer
Here the value is to be found for lessee's book. therefore GRV is taken from the standpoint of lesser.
Niveta Rajkumar
CA Inter
★ 6K+
2
342
alter capital clause
Corporate & Other Laws
answered on 02-Jul-24 20:24
to alter capital clause when OR is required and when SR ? 1st attachment = provision para 2nd last line 2nd attachment = pt 2 last line
latest answer
Section 61 overrides section 13 in case of alteration of capital. To alter capital, authorisation by AOA & OR is required.
Sushmita Chowdhury
CA Inter
★ 2K+
6
462
AS19
Accountancy
answered on 25-Jun-24 10:57
In what situations should we calculate IRR under leases AS19
latest answer
If not given in question?
Niveta Rajkumar
CA Inter
★ 6K+
1
324
Ill 9
Financial Reporting
answered on 02-Jul-24 17:13
If borrowing costs are incurred why is it deducted from loan amount? It is an additional expense that will be added to principal and amortized over useful life? and also since we are claiming the 2,00,000 upfront shouldn't there be DTL created for the same over three years?
latest answer
financial liabilities are accounted at net value. You will understand the financial instruments chapter.
Dhvaritha Ravishankar
CA Final
★ 7K+
1
188
Revision class
Economics
answered on 25-Jun-24 13:08
sir, please send all chapter revision classes
latest answer
We have deleted only exam strategy video not revision classes
K.Siddesha Kumar
CA Inter
★ 490
3
207
Icai results
Others
answered on 24-Jun-24 19:40
In portal they announced that check for results updates Means without announcement will they announce results directly
latest answer
They will make an announcement before actual results
Sruthi sruthi
CMA Inter
★ 640
1
347
pls confirm is it there in syllabus
Direct Taxation
answered on 25-Jun-24 08:27
if in syllabus pls can u explain with example Q3 & Q1
latest answer
Home Stock Market Guide What is Marginal Tax Rate? 5paisa Research Team Last Updated: 15 Jan, 2024 03:31 PM IST banner Listen Want to start your Investment Journey? +91 Enter Mobile Number Open Demat Account Content Marginal Tax Rates Examples Marginal Tax Rates in India Importance of Marginal Tax Rate What is the Maximum Marginal Tax Rate? Difference Between Effective and Marginal Tax Rates Conclusion In simple terms, the marginal tax rate refers to the tax rate applied to your next rupee of taxable income. As your income increases and you move into higher tax brackets, the marginal tax rate is the rate that applies to that portion of your income. The key thing to understand about marginal tax rates is that they apply only to the latest chunk of income, not the entire income. Marginal tax rates determine how much tax you pay on any additional income you earn. For instance, suppose your annual taxable income increases from ₹5 lakh to ₹5.5 lakh. The marginal tax rate applies to that additional ₹50,000 you earned, not the entire ₹5.5 lakh amount. In this way, your marginal tax rate is the tax you pay on your next rupee earned. It goes up progressively based on income slabs - higher income is taxed at higher percentages. Marginal Tax Rates Examples Suppose your total taxable income is ₹5.8 lakhs. Up to ₹2.5 lakhs is tax-free. On the next ₹2.5 lakhs (2.5 - 5 lakhs slab), you pay 5% tax. On an additional ₹0.8 lakh, the marginal tax rate is 20%. So you pay: • Nil tax on the first ₹2.5 lakhs • 5% of ₹2.5 lakhs = ₹12,500 • 20% of ₹0.8 lakh = ₹16,000 • Total tax = ₹12,500 + ₹16,000 = ₹28,500 Marginal Tax Rates in India Here are the income tax slabs and corresponding marginal tax rates in India: Total Taxable Income Tax Rates As Per New Regime Above ₹15 lakhs ₹1,87,500 + 30% of total income exceeding ₹15 lakhs ₹12.5 - ₹15 lakhs ₹1,25,000 + 25% of total income exceeding ₹12.5 lakhs ₹10 - ₹12.5 lakhs ₹75,000 + 20% of total income exceeding ₹10 lakhs ₹7.5 - ₹10 lakhs ₹37,500 + 15% of total income exceeding ₹7.5 lakhs ₹5 - ₹7.5 lakhs ₹12,500 + 10% of total income exceeding ₹5 lakhs ₹2.5 - ₹5 lakhs 5% ₹0 - ₹2.5 lakhs Nil
Sushmita Chowdhury
CA Inter
★ 2K+
3
426
Resident
Direct Taxation
answered on 24-Jun-24 11:24
Can a person be a resident in two countries during one AY
latest answer
Yes
Sampath R
CA Inter
★ 4K+
1
221