Salary Query?
S.Prasanna (Financial consultant) (90 Points)
22 January 2022
Consolidated Salary Rs.28000/- Taxable salary or not!?
S.Prasanna (Financial consultant) (90 Points)
22 January 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 22 January 2022
If you mean to say salary 28K PM; the net tax liability after considering rebate u/s. 87A would be NIL.
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 22 January 2022
Yes, the next tax liability will be nil with a Salary of Rs. 28,000 per month.
But if your Gross Total Income exceeds Rs. 2,50,000 then you are liable to file return of Income.
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