Question

Neha is working in a MNC from where receives a basic salary of ? 175,000 per month, HRA of 50,000 and special allowances of 25000 per month. She also gets leave travel allowance (LTA) of 20,000 annually. If she pays rent of 7 40,000 per month and live in Delhi. Calculate the income tax payable by Neha in the financial year 2020-21 . ​

Answer 1

Answer:

. Neha is working in a MNC from where receives a basic salary of 175,000 per month,

HRA of 50,000 and special allowances of * 25000 per month. She also gets leave travel

EXERCISE 28.2

allowance (LTA) of * 20,000 annually. If she pays rent of 7 40,000 per month and live in

Delhi. Calculate the income tax payable by Neha in the financial year 2020–21.

2. Raghu is a government servant. His basic salary is * 123,500 per month and receives

* 29,640 per month HRA and * 7200 per month as travel allowance. If he pays income

tax of 3 25000 per month in first 11 months of the Financial year. Calculate the income

tax, Raghu has to pay in the last month of the financial year 2020-21.

ANSWERS

1.7830,115

2. 99,521

Step-by-step explanation:

please mark me as Brainlist

Answer 2

Answer:

28.9

Step-by-step explanation:

i hope that's useful for you