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Recovery of tax
what is the income tax to be paid by a salaried person on a gross annual salary of Rs.8 lakhs under the new regime after the post Budget.
Replies (2)
Thank you .But you have not considered the Std.Deuction of Rs.75000/= Net Taxable income is 7.25 lakhs only. will he/she eligible for 87A exemption.On post budget ,it works out 10400/= as tax payable ,but if 87A is permissable,then NIL tax . please suggest
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