Understanding Tax Exemptions: How Much Will I Pay on a 4.2 Lakh Salary?

bapujipinisetti

Hi,

My salary is INR 4,20,000 per annum. I am planning to save INR 1 lakh for exemptions. What are the other exemptions? How much do I need to pay in taxes in this case?

Thanks in advance.

Bapuji

pon1965

Please fill in the salary components in the attached spreadsheet to determine your tax liability.

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