Business Studies, asked by souravsandhu212, 1 year ago

How gross total income & tax liability is computed.

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Answered by Anonymous

11

ANSWER;____✍️

Gross Total Income is amount of total income earned by you which is taxable.

Then there are some Tax saving deductions which are allowed against income earned (e.g. life Insurance, Mediclaim,NPS,PF, etc).

MARK BRAINLIEST✓✓✓✓

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