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Gross Salary After Section 10 & 17 Exemptions and Professional Tax 315,000
Gross Salary After Section 10 & 17 Exemptions and Professional Tax 315,000
Rent
Professional tax
Income tax
Provident Fund
Other deductions
Voluntary Provident Fund
Life insurance
Fuel and Maintainence Bills
Telephone Bills
Broadband Bills
Medical Bills
Leave Travel Allowance
Net Salary 45000 0 0 0 45000 45000 45000
Tax Computation
Gross Salary 315,000
Profession Tax 0
Exemptions under section 10 & 17 0
Gross Salary after Section 10 & 17 exemptions and professional tax 315,000
flexible benefit plan deductions 0
Income chargeable under head 'Salaries' 315,000
Income chargeable under head 'House/Property' 0
Income chargeable under head 'Capital Gains' at nominal rate 0
Income chargeable under head 'Capital Gains' at nominal rate 0
Income chargeable under head 'Other Sources' 0
Gross Total Income 315,000
Deductions under chapter VI-A 0
Deductions under sec 80C 0
Net taxable income 315,000
Tax Slabs Tax rate Appl Amt Balance Tax
00000 - 250000 0% 250,000 65,000 0
250001 - 500000 5% -185,000 0 0
500001 - 1000000 20% -500,000 0 0
> 1000000 30% 0 0
Tax credit (Sec 87A) 0
Tax on Income 0
Capital Gains Tax (from Stocks & MFs) 0
Capital Gains Tax (from Property) 0
Tax on dividends 0
Surcharge on Income Tax 0
Education Cess 0
Total Tax Liability 0
Total Income tax paid from salary 0
Tax paid outside of salary 0
Income tax due 0
Remaining months in year 12
0
0
0
0
0
0
0
0
0
0
0
0
45000 45000 45000 0 0 315000