Professional Documents
Culture Documents
1 Basic 386,667.00
5 Incentive Bonus - -
6 Leave Encashment - -
7 Electricity 15,190.00
Exemption 450,000.00
Total Taxable Income [Gross Income-Exemption] 413,558.00 Tax Rate Tax liability
350,000.00 0% -
63,558.00
100,000.00 5% 3,177.90
300,000.00 10% -
400,000.00 15% -
500,000.00 20%
(400,000.00) 20% -
25% -
7 Electricity - 18,545.00
Exemption 450,000.00
Total Taxable Income [Gross Income-Exemption] 1,550,525.00 Tax Rate Tax liability
350,000.00 0% -
1,200,525.00
100,000.00 5% 5,000.00
1,100,525.00
800,525.00
500,000.00 20%
25% -