tushar_shilpashah@yahoo.com
2007-01-30 20:08:10 · 4 answers · asked by tushar 2 in Business & Finance ➔ Taxes ➔ India
You need to disclose the heads under which your salary falls like HRA, Conveyance etc.
But if we take whole of your salary taxable then without any saving max deeduction from your salary can be Rs. 3264 annually or Rs.272 monthly. However if you provide tax saving instruments worth Rs. 32000 then nothing would be deducted form your salary.
For more contact me at agarwalapurav@yahoo.co.in
2007-01-30 20:17:28 · answer #1 · answered by apurav a 3 · 1⤊ 0⤋
there will be around Rs 100/- tax deduction will be there, if u provide ur monthly house rental, and any LIC, or any of the loan related deduction info to the company, company gives u form 16, related to income tax, u need fill that form and u need mention all information above mentioned, company forword that info, to incometax dept, if u do like this no deduction will be there, from u r salary. thank you.
2007-01-30 20:19:14 · answer #2 · answered by Ajay B 2 · 0⤊ 0⤋
Your Annual tax is 3200/-If you have any LIC, Investments about 6000/- menas no tax deducted
2007-01-30 20:36:19 · answer #3 · answered by suresh b 3 · 0⤊ 0⤋
no tax as u can save upto 1 lac a year .........the rest is 32000 so no tax for it.save in postoffice,bank RD,FD...................
2007-01-31 19:12:42 · answer #4 · answered by deshik 1 · 0⤊ 0⤋