My net income is 302400.how to calculate tax on my salary according to 2008 budget?
2008 budget, individual tax limit has been raised, hope u have been utilising full limit of rs. 100000/- specefied savings tax rebate. in case taxable income 302400/- (-) 250000 = 52400/- , tax on around 11000/- hope contact local ca filing return, in case not utilising required 100000/- savings in specified investments life insurance premiums, tax savings mutual funds, tax savings fixed deposits, have pay tax on around 152400/- cost around 50 k.
assuming in india, , earning in india.
i hv joined company year on march , total income per annum much.i confused totally how calculate tax amount tha paid in next year.plzzz me...
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