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And If my Income is 300000 p.a., so what tax I have to be
deposit,explain with the method of tax calculation in
detailed?

Question Posted / leel.ak47@gmail.com

Answers were Sorted based on User's Feedback



And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / parul

300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140

Is This Answer Correct ?    9 Yes 5 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / anshul arora

300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140
Total Amount=14420
Less TDS if Paid by You.

Is This Answer Correct ?    3 Yes 3 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / varsha

300000
-160000
140000@of 10%
= answer is 14000

Is This Answer Correct ?    6 Yes 7 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / vj

tell your age and gender first because there are three
category for taxation

Is This Answer Correct ?    1 Yes 2 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / d jha

300000
-160000
140000@of 10%
= answer is 14000
+ 2% education tax Rs. 280
+ 1% hig.education tax Rs.140
Total Amount=14420
Less TDS & if Paid by You.

Is This Answer Correct ?    0 Yes 1 No

And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax c..

Answer / thakur

Mr. VJ is right, but
Also you have to mention your exemptions like pf, insurance, tution housing loan or mediclaim etc., after deducting all the exemptions, then it will be possible to calculate exact tax.

Is This Answer Correct ?    1 Yes 3 No

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