Heads | Monthly | Yearly | Max Tax Free Amount | Taxable Amount |
---|---|---|---|---|
Basic Salary | ||||
House Rent | ||||
Medical Allowance | ||||
Conveyance Allowance | ||||
Festival Bonus | ||||
Other Bonus | ||||
Sub-total |
Slot | % | Calculated Tax | Remaining |
---|---|---|---|
0 | |||
From 0 to 300000 | 0 | 0 | 0 |
For remaining next 100000 | 5 | 0 | 0 |
For remaining next 300000 | 10 | 0 | 0 |
For remaining next 400000 | 15 | 0 | 0 |
For remaining next 500000 | 20 | 0 | 0 |
For remaining everything else | 25 | 0 | 0 |
Gross Tax | 0 | ||
Investment rebate - | 0 | ||
AIT/TDS - | 0 | ||
Net Tax liability = | 0 |