 When will the tax rebates be arriving? |
| When can we expect the tax rebates to arrive? Is it based on when you file your taxes? Or will everyone be receiving the rebates in a certain month/time? My husband and I already filed our taxes and ... |
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 Tax on Gambling? someone help me out? |
this is real ok.
in a year i have lost $1000 and then i recovered back $900 that mean the net is a loss of -$100.
my question is do i have to pay part of the $900 of winning to tax?
... |
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| I'm confused about Obama's tax plan. Which 95%? Is it people who actually pay income taxes or is it 95% of the population in general? Is it income taxes he wants to cut? Or is it payroll ... |
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 I've been getting e-mails stating that I've won the UK lottery and other lotteries. Are they for real? |
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 Got a negative tax return, is it normal? |
| I am filling in my 2006 tax return by Turbo Tax on line. This is my first time to use this program. I was so surprised finally I got a negative return which means I will have to pay more tax. Is it ... |
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 If you don't owe anything state tax, do you have to file? |
| I was helping my parents doing their tax return. They are getting a small refund from Federal, but nothing is owe or due on state. Do they still have to file the state? The state is Arizona by the ... |
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 I got taxed 40% on my severance pay, is that right? |
| I just got my severance check in the mail today from the company that let me go and they took out $5800 in taxes on a $14,700 payment... Can that be right? That comes out to 40% when Im in only a 25% ... |
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 Can I file federal taxes if I have a warrant for my arrest? |
Additional Details
Will it prevent me from getting a return?... |
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 What is tax credit ? |
In the UK, what is tax credit ?
What kind of tax credit do we have in UK ?
how many tax credit do we have in UK... |
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 Who think everyone should have to pay the same about of taxes due to the wages, not how many kids they have? |
| Say, you make 14.00 a hr but have no kids, but you have to pay 10x's the amount as if you had 4 kids. Is this really fair? I think people playing the tax system make it harder for the people who ... |
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 Question for Aussies about Centrelink? |
| If I sell things using paypal, do I need to declare this, even though it is tax free money?... |
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 Should ILLEGAL IMMIGRANTS receive tax rebates this spring? |
Its being voted on that ILLEGAL IMMIGRANTS should NOT get tax rebates this spring, is that right or wrong?
Thoughts?
Additional Details
I find it hilarious that they even have ... |
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 Extortionate prices? |
| today i was charged £3.80 for one beefeater tomato and £5.64 for two large mushrooms,i complained to the supermarket manager who said the prices were correct,in no uncertain terms i told him what ... |
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AnuRemi | What is Pan no,as I am from north east India and exempted from Income tax do I still need Pan no to invest? |
in Mutual Funds and what exactly are the function of a Pan no. |
 |
 
DeepakB
|
I agree with "srirama c".
Please appreciate that having PAN do not create any liability on your end to either PAY Taxes or to file your return. Though for filing ITR, PAN is compulsory but not the other way round.
So even if you have PAN, you need not file any income tax return till you have taxable income.
As far as my PROFESSIONAL Knowledge goes Income tax is applicable to every PART of India and N-E states are not exempted from it. Even J&K is covered by Income Tax Act. Though SIKKIM was exempt earlier but not any more. Even Sikkim was covered by Income Tax in 1989
CA. Deepak Bholusaria |
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Robert W
 |
PAN is your Permanent Account Number which is also good as your valid ID. But it is essential to have a PAN if you wish to invest in mutual funds as it is mandatory by SEBI. |
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himani p
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PAN No is Permenent Account Number. It is provided by Income Tax Department. And for Mutual Fund Investment & for cash withdraw above Rs. 50000.00 PAN No is necessary. |
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srirama c
 |
Yes, you have to obtain a PAN number for travelling anywhere in the world. Secondly when you want to deal with any person outside Northeast India they would insist your PAN no and at the same time it helps you to establish your identity iwth all details. Having a Pan no is always advantageous rathen then saying I dont require. regards. Sriram. |
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Sameer R
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Parmanent Account Number (PAN). It is compulsory for investment in MF's from 2nd July 2007. It's an unique no. All your investments can be scanned under the same no. You can get it within a month after applying. |
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Paresh S
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PAN is compulsory for investment of any amount. There is not harm in applying for PAN, what you really need to check is that, if you have PAN, but do not have taxable income, do you need to file a income tax return with NIL tax liability mandatorily or it is ok if you do not file a return. If it is mandatory to file a return, you can do so through a professional or through IT department's helpers available now for nominal fees. Let us be honest citizen and follow. It is this honesty from people in western world, that has brought them the development and comfort level. We need to be patient to get this though as we have difference conditions. |
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Naren
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Sorry. You are not exempted from Income tax because you are from North east. |
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hasnathullah k
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actually this recent ruling by sebi to give the pan no is vey irritating since even for a low amount of rs5000 you are supposed to have your pan no or provide evidence that you have applied for it.the last day for having your pan no is dec31 2007.the stated reason for having a pan number is supposed to be the prevention of money laundering but i cant think how 5000 rupees is the basis for such a drastic step.this has been in effect only from july2007.earlier the minimum amount for having a pan number was rs50000 but now everything has been changed.all the mutual fund companies are arguing for the date to be extended upto april2008. so far there has been no change in the official stance.alternatively you can give form 60 which is also accepted |
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Ronin D
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PAN is your Permanent Account number which is used for filing returns. For all the investments its needed as the interest you earn will be treated as your income. You can apply for PAN in UTI bank (now AXIS bank). |
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