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What is the income tax on a salary of Rs.12 lakhs per annum?

Open uri20170510 32134 ughyv5?1494421703 asked

What is the income tax on a salary of Rs.12 lakhs per annum?

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4 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Impressive work, your words on clothing speak the truth and we should be heeding on with them, such information is always helpful and can fall under positivity of the society

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

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C8eca99ef8d63ed6e932e543c962b2bb %282%29 answered

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Open uri20170510 32134 blndvi?1494421794 answered

Dear Mr.Gunesh, Tax shall be calculated as follows for the FY 2015-16 i.e.AY 2016-17 Indiaviduals below 60 years: Rs.25000+Rs.100000+Rs.60000=Rs.185000 plus 3%SHEC RS.5550 TOTAL TAX=rS.190550/- INDIVIDUAL 60 TO 80 YEARS. RS.20000+RS.100000+RS.60000+3% SHEC RS.5400. TOTAL TAX=RS.185400/- INDIVIDUAL ABOVE 80 YEARS RS.100000+RS.60000+SHEC 3% 4800. TOTAL TAX=RS.164800/- THANKS

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