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Taxable income

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Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2012 Hi Sir,
I joined the company on 14 June, 2011.I saty in Noida and my basic salary is 10,150, HRA is 5075. Can you please tell me how should i calculate my taxable income for FY 2011-2012.
i also have a medicalim policy and insurance policy from the company's side, will it come work as a tax saving option.

Waiting for the answer.
Thanks in advance

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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19 January 2012 you need to provide more details like detailed salary structure and rent paid details

Mediclaim insurance by company will not eligible for sec.80D (Incase premium deducted from employee salary then it will be claim u/s.80D)

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