Tax liability

254 views
User Avatar

None
184 Points Posted on 02 February 2020
as per new tax slab income tax for 6,00,000 /- will be 23,400.
am I right?
0 Reply Share Follow
On 02 February 2020 at 13:56 Report
Replies (2)
Quick Summary
This discussion clarifies income tax liability under the new tax slab for an income of £600,000. Participants debate the exact calculation, with initial figures of £23,400 being questioned and alternative calculations of £10,000 plus cess being proposed. The aim is to accurately determine the tax owed.

User Avatar

17269 Points Posted on 02 February 2020

Under new tax regime tax will be Rs 23400/- only on 6 lakhs

It is 22500 + 4% Cess = 23400/-

Reply
On 02 February 2020 at 14:43
User Avatar

59 Points Posted on 02 February 2020
No it is only 10000 plus cess
Reply
On 02 February 2020 at 20:56

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Foreign remittance
  2. Affordable Residential Flats in Gurgaon
  3. Manufacturing
  4. TAN REGISTRATION ON E-FILLING SITE
  5. Form 10-IEA – Continuing Old Regime
  6. Income tax act 2026
  7. Belated Return where Form 10IEA filed this year to
  8. GST Reconciliation Tool (2A vs Books) - looking fo
  9. TDS ON PF FORM 19 WITHDRAWAL
  10. Can a virtual office in Mumbai be used for company

More recent discussions | Post

Related Topics :

Loading