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Sanjay Srivastav. Footwear Designer

Hey I am on Medial • 1m

If your income is 12L, You pay 0 for the first 4L. From 4L - 8L i.e. next 4L, you pay 5% = 20,000. From 8L - 12 i.e. another 4L, you pay 10% = 40,000. Total Tax Payable= 60,000. Standard Deduction -75,000. So NO TAX FOR INCOME UP TO 12L. Get it?

Vishu Bheda

 • 

Medial • 1m

Got it!

0 replies

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