how to calculate taxable income
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Steps to determine income tax slab:
Subtract the exemptions of HRA, conveyance and medical expenses from the gross salary.Add the extra income of interest, commission and bonuses, if any.Add the rental income, if any.Add the capital gains, if any.
Subtract the exemptions of HRA, conveyance and medical expenses from the gross salary.Add the extra income of interest, commission and bonuses, if any.Add the rental income, if any.Add the capital gains, if any.
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