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Income tax

Tax queries 632 views 6 replies

Hi Guys,

My total income is 2,78,020 , How much tax at the rate of 10% , I have to give...??.. I am  Retried senior citizen....!!  Please reply soon..!! sad

 

Guys it will be a great help if u can please suggest me..!!

 

 

Replies (6)

Rs.2890

For income tax computation  follow the link     https://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx

Hi ,

Thanks a lot,, I have followed the url....https://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx for tax related calculation..

Education Cess is Rs. 56.04 ok, please confirm whether I have to give Secondary and Higher Education Cess Rs. 28.02 also, as I am retried senior citizen ..?? laugh

Hi, For assessment year 2012-2013..!!

Hi

Income Tax 2802 + Edu cess & Secon edu cess Of rs.84 = Rs. 2886 rouded off to Rs. 2890.

but u can save this tax also.

make investment before 31st march u/s 80 C of Rs. 30000/-. u can choose option between FD, mutual fund. etc..... there is also one option Infrasturcture bonds u/s 80 CCF of Rs. 20000. 

Hi

Income Tax 2802 + Edu cess & Secon edu cess Of rs.84 = Rs. 2886 rouded off to Rs. 2890.

but u can save this tax also.

make investment before 31st march u/s 80 C of Rs. 30000/-. u can choose option between FD, mutual fund. etc..... there is also one option Infrasturcture bonds u/s 80 CCF of Rs. 20000. 

You have to pay Income-tax(Including surcharge,EC & SHEC) on Rs.2,802 is Rs. 2,886.06.


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