Loan
This query is : Resolved
14 July 2016
Can any one tel me to the wat extent I need to pay tax if I want to avail lain from bank @ 25 laks for construction f residential house
14 July 2016
a thumb rule is that
40 times of salary....for salary earners......750000 salary income without any deducction like 80C etc...tax is 70000
4 times of average profit.... for businessmen/professionals.....625000 of income...without any deduction like 80C etc...is 45000
40 times of salary....for salary earners......750000 salary income without any deducction like 80C etc...tax is 70000
4 times of average profit.... for businessmen/professionals.....625000 of income...without any deduction like 80C etc...is 45000
14 July 2016
thank u sir
15 July 2016
you are most welcome.
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