Inomce tax how much for me?

Balaji Subbu (SAP FICO) (220 Points)

29 May 2016  

Hello All

I am housewife, age less than 60 yrs.

For e.g, I  Earned INTEREST income Rs 2,78,600 for FY 2015-2016. This income consists of 40% INTEREST from BankFD, 60% INTEREST from not from FD

Please calrify

Shall I pay IT on the diff (Rs 2,70,000 - Rs 2,78,600) Rs78,600. If so pls let me know the IT rate?

If I am wrong in my approach please guide me with right inputs

 

Thank you

SS