Monday, December 19, 2011

I am getting 25000 rs per month, what amount would be taxable?, is their any examption?

Your annual income comes to Rs 3 lakhs. With an exemption of Rs 1.6 lakhs, the remaining amount of Rs 1.4 lakhs will be taxable. You can save tax by investing in Section 80C instruments (up to Rs 1 lakh).

0 comments:

Post a Comment