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 3
Hey I am on Medialย โขย 2m
Achha this is how it was being calculated? THat's why its coming to be free i guess
0 replies
More like this
Recommendations from Medial
Anurag Mishra
Sarcastic Content On...ย โขย 3m
maybe that's why its not working ๐ข
4 replies3 likes
Akash Rawat
Be a heroย โขย 1m
Guys lets have a brainstorm
Why CRYSTAL PEPSI failed ?
Why it was launched ?
Can u still find it in the world ?
Despite of being the sponser of NBA,its production sloped down within the next year.
Answer will be shared within 12 hours .
Comme
See More
0 replies5 likes
Shashank Vishwakarma
Be creative every ti...ย โขย 7m
How much money is required to build a company like GIVA. From scratch (like being there competitors) any guess ?
4 replies
Mohammed Zaid
Building-HatchUp.aiย โขย 7m
Why was the computer cold?
- It left its Windows open.
2 replies3 likes
Havish Gupta
Figuring Outย โขย 2m
Sam Altman's First Startup!
So before founding OpenAI and leading Y Combinator, Sam Altman founded Loopt!
Loopt was a location-based social media app launched by @sama in 2005.
It was very similar to any other social media platform, like it had ch
how do you find time to be an entrepreneur being employed??
1 replies4 likes
Aryan patil
ย โขย
Monkey Adsย โขย 6m
And this was the reason why india hesitated for so long to open free trade with other nations and 1991 liberalisation movement...
1 replies2 likes
Manas Thota
Driven by commitment...ย โขย 4m
Can someone please explain me how the share market works as I was always fascinated by its approach. ?
3 replies3 likes
Muttu Havalagi
๐ฅ-๐ต-๐-โฝ "Finding ...ย โขย 12m
Google to shut its paid VPN service as 'people weren't using it'
VPN by Google One, the paid VPN service offered by Google, will be discontinued in the coming months, the company confirmed to 9to5Google. Google initially offered the service to Premi
