Abstract Consultancy -DATABASE MANAGEMENT COMPANY

Welcome to Abstract Consultancy

Abstract Consultancy provides end to end services in database solutions, competition analysis, market insights, lead generation and sales channel development. The company combines a unique service portfolio with a revolutionary execution model that provides up to 40% reduction in the cost and faster turnaround time.

Database Management Services

As a leading provider of database generation and management services across various Industries, Abstract Consultancy has helped clients in acquiring and maintaining huge databases. At Abstract Consultancy are source center we generate, validate and update databases on our own or as per the requirement of our clients.

Our Database Management system makes it easy to organize and share all kinds of business information like client lists, sales figures, document drafts, and data of any kind. We use the latest Database Management Systems, Data Warehousing, Web integration, Data cleaning methodologies, Data Segmentation techniques,Business Intelligence tools, and above all our years of experience in handling huge and diversified data stores.

NASSCOM has launched the National Skills Registry - the first-ever centralised database of employees of IT services and BPO companies

Latest Article of the week

Top 10 venture Capital firms in INDIA

Sequoia Capital India

Norwest Venture Partners

Intel Capital

Helion Venture Partners

Nexus India Capital

DFJ India

Ventureast

Canaan Partners

IDG India Ventures

Mumbai Angels

YOU ARE VISITOR NO.

Families
Gross Total Income (Rs)	3,00,000		5,00,000
	A.Y. 2010-11	A.Y. 2011-12	A.Y. 2010-11	A.Y. 2011-12
Gross Income	300000	300000	500000	500000
Tax Benefit u/s 80C	100000	100000	100000	100000
Tx exemption under Infra Bonds		20000		20000
Net Taxable Income post sec. 80C	200000	180000	400000	380000
Income Exempt from Tax as per slabs	160000	160000	160000	160000
Taxable Amount	40000	20000	240000	220000
Amount taxable @ 10%	40000	20000	140000	220000
Amount taxable @ 20%	0	0	100000	0
Amount taxable @ 30%	0	0	0	0
Tax Amount Pre-Cess	4000	2000	34000	22000
Education cess @3%	120	60	1020	660
Total Tax Payable	4120	2060	35020	22660
Tax Impact for Resident Individuals and Hindu Undivided Families
Gross Total Income (Rs)	8,00,000		10,00,000
	A.Y. 2010-11	A.Y. 2011-12	A.Y. 2010-11	A.Y. 2011-12
Gross Income	800000	800000	1000000	1000000
Tax Benefit u/s 80C	100000	100000	100000	100000
Tx exemption under Infra Bonds		20000		20000
Net Taxable Income post sec. 80C	700000	680000	900000	880000
Income Exempt from Tax as per slabs	160000	160000	160000	160000
Taxable Amount	540000	520000	740000	720000
Amount taxable @ 10%	140000	340000	140000	340000
Amount taxable @ 20%	200000	180000	200000	300000
Amount taxable @ 30%	200000	0	400000	80000
Tax Amount Pre-Cess	114000	70000	174000	118000
Education cess @3%	3420	2100	5220	3540
Total Tax Payable	117420	72100	179220	121540

Tax Impact for Resident Individuals and HUF
Gross Total Income (Rs)	15,00,000
	A.Y. 2010-11	A.Y. 2011-12
Gross Income	1500000	1500000
Tax Benefit u/s 80C	100000	100000
Tx exemption under Infra Bonds		200000
Net Taxable Income post sec. 80C	1400000	1200000
Income Exempt from Tax as per slabs	160000	160000
Taxable Amount	1240000	1040000
Amount taxable @ 10%	140000	340000
Amount taxable @ 20%	200000	300000
Amount taxable @ 30%	900000	400000
Tax Amount Pre-Cess	324000	214000
Education cess @3%	9720	6420
Total Tax Payable	333720	220420
Note:Only Sec 80C deduction has been assumed and excess deduction of Rs20000 in Infrastructure bonds in current amendments has not been taken into account and taxation for men below 65 years.

Abstract Consultancy - Lead Generation – Database Management – Market Research

Abstract Consultancy -DATABASE MANAGEMENT COMPANY

Database Management Services

Latest Article of the week

Members Area

Sponsored Links