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  • Tax 2013 Rev 01

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    Sudhakar Veeraiyan
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    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    18 views5 pages

    Tax 2013 Rev 01

    Uploaded by

    Sudhakar Veeraiyan

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 5

    Total Income

    Basic
    HRA

    960000 Per Year


    25000 Per Month
    15000 Per Month
    Per Month

    Result
    Taxable Income
    20% Slap
    30% Slap

    0 to 2,00,000
    2,00,001 to
    5,00,000
    5,00,001 to
    10,00,000
    Above 10,00,000
    Total Tax

    80C
    HRA Excption
    No tax
    10%
    20%

    582210
    282210
    -217790
    100000
    66000
    200000

    300000

    30000

    500000

    56442
    0
    86442

    30%

    9600 Transport
    Medical
    Hose loan
    2190 Prof. tax

    177790 Total tax exption

    For HRA
    A

    25000
    25000

    12
    12

    300000
    300000

    30000
    270000

    25000
    8000

    12
    12

    300000
    96000

    30000
    66000

    C 50% annual basic

    25000

    12

    150000

    D HRA Recived

    15000

    12

    180000

    House Loan Principal


    LIC

    69000

    PPF

    36000

    80c

    105000

    (rent paid-10% of basic)

    (rent paid-10% of basic)

    this is final

    960000
    36000
    36000
    12000
    86442
    1130442
    835368
    69614

    PF our
    company
    Grat
    Tax
    CTC
    Take home
    Per month take home

    69614 Per month take home after bonous

    take home after bonous

    Total Income
    Basic
    HRA

    828000 Per Year


    25000 Per Month
    15000 Per Month

    Result
    Taxable Income
    20% Slap
    30% Slap

    0 to 2,00,000
    2,00,001 to
    5,00,000
    5,00,001 to
    10,00,000
    Above 10,00,000
    Total Tax

    80C
    HRA Excption
    No tax
    10%
    20%

    450210
    150210
    -349790
    100000
    66000
    200000

    300000

    30000

    500000

    30042
    0
    60042

    30%

    9600 Transport
    Medical
    Hose loan
    2190 Prof. tax

    177790 Total tax exption

    For HRA
    A

    25000
    25000

    12
    12

    300000
    300000

    30000
    270000

    25000
    8000

    12
    12

    300000
    96000

    30000
    66000

    C 50% annual basic

    25000

    12

    150000

    D HRA Recived

    15000

    12

    180000

    House Loan Principal


    LIC

    69000

    PPF

    33600

    80c

    102600

    (rent paid-10% of basic)

    (rent paid-10% of basic)

    this is final

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