Yearly income is 900000 then how to calculate income tax?
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Answered by
1
8%of 900000 = 850000
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Total income 900000
Total deductions - 150000
Taxable income - 750000
Income tax - 62500
Total tax liability - 64375.
This s answer for FY 2017-18.
Total deductions - 150000
Taxable income - 750000
Income tax - 62500
Total tax liability - 64375.
This s answer for FY 2017-18.
keerthi40:
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