Hi i have a new offer for 13 lakhs and when i exclude the non taxable components and my investment the taxable income is 1,102,200. From this do i need to calculate flat 30% as tax or what ? some say it is like
Tax upto Rs 5 lakhs = 32,000
5- 8 lakhs = 60,000
8 -13 = 150,000
Total = 242,000
need help...not sure how to calculate
Tax upto Rs 5 lakhs = 32,000
5- 8 lakhs = 60,000
8 -13 = 150,000
Total = 242,000
need help...not sure how to calculate