ram has a total salaried income of rs 208000.he contribution rs 600 per month towards pf.the amount of income tax be paid by him is give appropriate answer.
Answers
Answered by
2
here is answer mate:----
. income =208000 _25000=
183000.
600 ×12=7200 contribution.
total income 250000.
ok
. income =208000 _25000=
183000.
600 ×12=7200 contribution.
total income 250000.
ok
Answered by
2
hey!!!!!.
it's u r answer help u.
;;;;;;;;;;;;;;;;;;;;;;;;;;;:::::::::::::::::::::::::::::::::::::::::::::
________________'’
gross income =₹208000.
standard deduction=₹25000.
taxable income= 208000_25000
=> ₹18300
total contribution= 600×12=₹7200.
clearly,
taxable income is below ₹250000
hence, no tax will be paid by him...
ok
it's u r answer help u.
;;;;;;;;;;;;;;;;;;;;;;;;;;;:::::::::::::::::::::::::::::::::::::::::::::
________________'’
gross income =₹208000.
standard deduction=₹25000.
taxable income= 208000_25000
=> ₹18300
total contribution= 600×12=₹7200.
clearly,
taxable income is below ₹250000
hence, no tax will be paid by him...
ok
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