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Income from salary
Mr. P was employed on 1.4.2008 in the grade of Rs. 15,000 - Rs. 500 - Rs. 17,000 - Rs. 750 - Rs. 21,500 - Rs. 1,000 - Rs. 31,500. His gross salary for AY 2019-20 is___. (a) Rs. 2.7 lac (b) Rs. 2.58 lac (c) Rs. 2.16 lac (d) Rs. 1.8 lac
Replies (2)
b) 2.58l
from the date of employment of end of financial year it will increase from rs500 when till not become 17000.
then after increase 750 in every ending financial year when till it not become 21500
And so on grade...
from the date of employment of end of financial year it will increase from rs500 when till not become 17000.
then after increase 750 in every ending financial year when till it not become 21500
And so on grade...
(b) 2,58,000/- as his salary for FY 2018-19 is rs. 21,500/- pm.
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