Question

the annual salary of a person is 320000 out of this income 250000 is free from income tax and he is required to pay income tax to the government @ 10% on the remaining amount only in addition to the tax,he is also required to pay education cess at 2% on the income tax and higher education cess at 1% of the Income Tax. calculate the total amount to be paid by him to clear the tax burden.​

Answer 1

Answer:

1,02,500 is the right answer

hope it will be help you