How many MEPs does each country have?

Lisbon system

European Parliament Apportionment changes between the Treaty of Nice and the Treaty of Lisbon (as calculated for purposes of the 2009 European Elections)
Member state	2007 Nice	2014c + Croatia
Germany	99	96
France	78	74
United Kingdoma	78	73

How much does a MEP earn?

Thus, since the 2009 elections, all MEPs receive a monthly pre-tax salary set at 38.5 per cent of that of a judge at the European Court of Justice. As of July 1, 2019, the monthly salary is of €8,932.86, or just over €107,000 per year. MEPs also receive a general expenditure allowance of €4,563 per month.

Is Farage still an MEP?

Farage was a prominent figure in the successful campaign for Brexit in the 2016 EU membership referendum. After the vote to leave the EU, Farage resigned as leader of UKIP, triggering a leadership election, but remained as an MEP. He returned to frontline politics by launching the Brexit Party in 2019.

Is salary of MP tax free?

Section 10(17) of the Income Tax Act, 1961 (Act) provides exemption to Members of Parliament and State legislators in respect of their daily allowances in entirety. Hence, salary and allowances received by them cannot be taxed under the head ‘salary’, but are taxable under the head ‘income from other sources’.

What is the monthly salary of MP?

Chief ministers

State	CM Salary per month
Madhya Pradesh	₹255,000 (US$3,600)
Chhattisgarh	₹230,000 (US$3,200)
Punjab	₹230,000 (US$3,200)
Goa	₹220,000 (US$3,100)

What is salary for rent free accommodation?

Under the Income Tax Act, rent-free accommodation is treated as a perquisite or non-cash component of salary granted by the employer to an employee. Hence, Income Tax is applicable on rent-free accommodation received by an employee, including the Key Managerial Personnel of a company.

What is tax free salary?

# Salary paid tax free – Tax free salary means the salary on which income tax is borne not by the employee but by the employer. Tax free salary is also taxable in the hands of the employee. Salary is taxable in the year of receipt or in the year of earning of the salary income, whichever is earlier.

Who are exempted from taxes?

As per section 80D, the income tax exemption is applicable for those who have taken a medical insurance for themselves, family as well as their parents. Under Section 80D of IT Act, one can claim the deduction on the medical expenses. The limit of 80D exemption is Rs. 25,000 for the premium paid for family/self.

What should be the minimum income to pay income tax?

However, under old tax regime the basic income threshold exempt from tax for senior citizen (aged 60 to 80 years) and super senior citizens (aged above 80 years) is ₹ 3 lakh and ₹ 5 lakh respectively. However, under new tax regime person cannot claim up to 70 income tax deductions while calculating taxes.

Do you really have to pay income tax?

The Law: The requirement to pay taxes is not voluntary. Section 1 of the Internal Revenue Code clearly imposes a tax on the taxable income of individuals, estates, and trusts, as determined by the tables set forth in that section.

How much tax should I pay for 7 lakhs?

New income tax slabs for individuals for FY 2020-21

Income Tax Slab	Tax Rate
From Rs.5,00,001 to Rs.7,50,000	10% of the total income that is more than Rs.5 lakh + 4% cess
From Rs.7,50,001 to Rs.10,00,000	15% of the total income that is more than Rs.7.5 lakh + 4% cess

How do I calculate my taxable income?

What are the steps to determine slab of your taxable income in India?

Calculate your gross salary by adding Dearness Allowance, House Rent Allowance, Transport Allowance, Special Allowance to your basic pay.
Then deduct the exemptions of HRA, professional tax and standard deduction from the gross salary.

Is TDS deducted every month?

Yes, TDS on salary is deducted every month. As per Section 192, the employer will deduct TDS on salary at the time of making the payment to the employee. Since the employee gets a salary every month, the employer will make a deduction for TDS on salary every month.