I earn Rs. 3500 from 1/1/2008 as a consulting fees. how many tds i have to pay? my total salary is Rs.21,000?

Question

I earn Rs. 3500 from 1/1/2008 as a consulting fees. how many tds i have to pay? my total salary is Rs.21,000?

Answer 1

No TDS is required to be deducted as the amount is under Rs. 20,000. Read about TDS on Professional and technical services

http://mytaxes.in/index.php?topic=8.0

However, when you will file your tax return, you will also report this amount.

Answer 2

I bought millions and millions of barrels of oil when they cost $60--$100 a barrel. I expect to make a kill when I sell. But right now it’s only over $140 a barrel. So here is my difficulty :

I have requested my agents spin the media, like: “Oil future looks high, expecting to be in the range of $200 a barrel soon”   But it does not work price up fast enough.

I have paid the mainstream media, the Think Tanks,  and the major PR talking heads,  to spin China and India (supply and demand) responsible for price hike, to deflect American public anger. But that does not go far enough.

Right now, I am extremely nervous and worried. I urgently need a prey to buy those “paper barrels” on my hording. So I can profit.  But where can I find my prey ?  

ADD:

Airline industry has requested and demanded Congress stop oil speculation. I have my lobby on Capitol Hill work the Senators and Congressmen around the clock. But I do not how long they can hold.

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