how to compute income tax? can anyone tell me some steps?
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How to Calculate Your Income Tax in 5 steps
Step 1: Calculate your gross income. First, write down your annual gross salary you get. ...
Step 2 – Arrive at your net taxable income by removing deductions. ...
Step 3: Arriving at your net taxable income. ...
STEP 4 – Calculate Your Taxes. ...
Step 5: Consolidate your net tax.
Explanation:
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