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Nri tax calculation

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(Querist)
01 November 2013 If NRI has Rs.150000 as ordinary income & Rs.100000 as Capital Gain then what is the tax liability of said NRI ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
02 November 2013 Assuming that the person is less than 60 years and that capital gains is taxable at 20%, the tax payable shall be Rs 20,000 + 600 (edu cess)

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