go to the below link:-
Income tax slab 2012-2013 | financeminister.in
How Can I Save My Income Tax in India - iTrust
Income tax in India - Wikipedia, the free encyclopedia
Hope,it will clear your all doubts.
As per your query Her Salary is:- 256380 p.a
As per income tax Slab- No tax upto 200000
Balance Amount :- 256380-200000=56380
Savings:- (Max. Upto 1 Lacs)
Now Balance Amount 56380- Savings= case 1. if Balance amount in Plus figure (means saving is less then balance figure)then calculate her tax by govt norms i.e 10%
case 2. if her Balance amount in Negative(means saving is more than the balance amount i.e 56380) then no tax liable on her
conveyance (800 per month*12)=9600
and she can deposit other saving like House Rent Reciept+ Child Tuition Fee Certificate+ Any LIC savings of her or her dependents or any other savings covered under I.T Section.
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