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?
Anonymous 1
Hey I am on Medial • 4m
Oh is this really true?
0 replies
More like this
Recommendations from Medial
Thatmoonemojiguy
A guy with lot's of ... • 8d
Is this really true 😂🌝
0 replies4 likes
Abh code
Passionate Frontend ... • 11m
College exams vs skill development
I really get excited to work on my skills when there is an exam 😂!
While(true)
true++;
1 replies2 likes
Giggity
Memes,games, startup... • 6m
is it really true you can order alcohol on Zomato in west bengal and odisha