At the time of appointment salary above 6500/- need deducted or need not deducted to emplyees?
Answers: I think you are asking about TDS deduction. If the employee is male and his salary from 1.4.07 to 31.3.08 is more than Rs,1,10,000, then you have to deduct TDS from the salary. In case of Female TDS only after Rs.1,45,000.
Turbo Tax Question...Please Help?
Two questions in reality...1. I usually buy Turbo Tax software at the store, and then submit it online. If I use Turbo Tax online this year, will the information from later year automatically merge with it even though it is from the software and not the online program?
2. If I buy the Turbo Tax Deluxe at the store, will I also own to purchase the State program also or is it included? I can't remember... Many thanks!
Answers: 1) You can introduction last year's into TT Online. Just manufacture sure you have the .import tax file from closing year somewhere. You don't have to enjoy last year's TT software installed to do this.
2) I assume the state tax SW is included within the price, and all you enjoy to do is download it when it's ready. Lucky you. Before the days of highspeed connections, the state SW be sent via USPS in a 3.5" floppy.
1. If your using like PC then the info from closing year will download from the Internet. Actually i think it go by your social so it will down load it.
2. I only just brought Turbo Tax deluxe at the store and the State program is included.
Dont bother buying it at the store unless its cheaper. Go to the website and do it and it automatically saves adjectives your info from year to year. Federal is free and state is $29.95 to e file. Free other sagacious for basic.
What is Irredeemable and Non-Cumulative Convertible Preference shares?
Answers: It simple..
I think you mean non-cumulative convertible preferred stock.
preferred stock is different from common stock in that you cannot vote on corporate matters and you receive typically receive a dividends on the shares. Also in the event of a liquidiation your shares would have "preference" in claims to assets over common shareholders.
Non-cumulative I think means that if a dividend is not paid then you do not have a right to this dividend if it is not paid. Conversely, cumulative preferred shares have a right to a certain dividend quarterly or annually and if the company does not pay it on time then it a"ccumulates" and you are entitled to it when the company does pay dividends.
Converible means that you can convert your preferred shares for common shares.
Hope that helps.