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  • Assignment No.2 - Tax On Salary Income

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    abdul.fattaahbakhsh29
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    This document provides income tax calculations for various annual salary amounts ranging from Rs. 425,000 to Rs. 7,425,000. The employer is tasked with calculating the income tax to be deducted from each employee's salary based on their total annual salary and depositing that amount in the government treasury. Tax amounts need to be determined for annual salaries of Rs. 425,000, Rs. 600,000, Rs. 610,000, Rs. 1,425,000, Rs. 3,250,000, Rs. 5,900,000, Rs. 6,000,000, and Rs. 7,425,000.

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    Assignment No.2 - Tax on Salary Income

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    This document provides income tax calculations for various annual salary amounts ranging from Rs. 425,000 to Rs. 7,425,000. The employer is tasked with calculating the income tax to be deducted from each employee's salary based on their total annual salary and depositing that amount in the government treasury. Tax amounts need to be determined for annual salaries of Rs. 425,000, Rs. 600,000, Rs. 610,000, Rs. 1,425,000, Rs. 3,250,000, Rs. 5,900,000, Rs. 6,000,000, and Rs. 7,425,000.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views1 page

    Assignment No.2 - Tax On Salary Income

    Uploaded by

    abdul.fattaahbakhsh29
    This document provides income tax calculations for various annual salary amounts ranging from Rs. 425,000 to Rs. 7,425,000. The employer is tasked with calculating the income tax to be deducted from each employee's salary based on their total annual salary and depositing that amount in the government treasury. Tax amounts need to be determined for annual salaries of Rs. 425,000, Rs. 600,000, Rs. 610,000, Rs. 1,425,000, Rs. 3,250,000, Rs. 5,900,000, Rs. 6,000,000, and Rs. 7,425,000.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Assignment No.

    Calculate the Income Tax to be deducted from the salary of the employee and to be deposited in
    government treasury by the employer in the following cases:

    a) Total annual salary is Rs.425,000


    b) Total annual salary is Rs.600,000
    c) Total annual salary is Rs.610,000
    d) Total annual salary is Rs.1,425,000
    e) Total annual salary is Rs.3,250,000
    f) Total annual salary is Rs.5,900,000
    g) Total annual salary is Rs.6,000,000
    h) Total annual salary is Rs.7,425,000

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