Question

11. Mrs.Gupta age 35 years earns Rs.5,00,000 in a year .How much total income tax will he has to pay?​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

Rs. 12500

Step-by-step explanation:

Since he is 35 years of age, His exemption limit is up to 2.5 Lakhs.

Therefore,

Tax on first 250,000 = NIL

Tax on next 250,000 = 5% of 250,000 = 12500.