my package is 4.5lacs? how much tax i have to pay
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My package is 4.5lacs what is the tax rates?
Replies (2)
2011-12
| Income-tax(Including surcharge,EC & SHEC) on Rs.29,000 is Rs. 29,870.00 | ||
| Surcharge Rs. 0.00 | ||
| Education Cess Rs. 580.00 | ||
| Secondary and Higher Education Cess Rs. 290.00 |
2012-13
| Income-tax(Including surcharge,EC & SHEC) on Rs.27,000 is Rs. 27,810.00 | ||
| Surcharge Rs. 0.00 | ||
| Education Cess Rs. 540.00 | ||
|
Secondary and Higher Education Cess Rs. 270.00
assuming that your are male, below 65 years |
agreed with u.s sharma, if u dont have any investment or any exemption in salary breakup only then the above tax is correct, otherwise share ur investments and salary breakup only then ur tax shud be found accurate, mr sharma give u a rough view regarding ur tax
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