And If my Income is 300000 p.a., so what tax I have to be
deposit,explain with the method of tax calculation in
detailed?
Answers were Sorted based on User's Feedback
Answer / parul
300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140
Is This Answer Correct ? | 9 Yes | 5 No |
Answer / anshul arora
300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140
Total Amount=14420
Less TDS if Paid by You.
Is This Answer Correct ? | 3 Yes | 3 No |
Answer / d jha
300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140
Total Amount=14420
Less TDS & if Paid by You.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / thakur
Mr. VJ is right, but
Also you have to mention your exemptions like pf, insurance, tution housing loan or mediclaim etc., after deducting all the exemptions, then it will be possible to calculate exact tax.
Is This Answer Correct ? | 1 Yes | 3 No |
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