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Can someone earn £36000 a year gross by working the following way!
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2nd job- 30 hours per week- £11000 per annum
3rd job- self ... |
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belleli2004 | Rs. 840000/- per annum? |
please let me know about my tax deduction and how much i saved it |
|


MooN
|
Clarify few things.
Your Age
Your Gender
Your Residential Status
What is 840000/- ?
Is it a
salary income or
Income from house property or
Income from capital gains or
Income from mutual funds or
income from other sources or
Income from undeclared sources or
any other income.
Moreover Tax deduction 80C is available only if you have invested in any of the items mentioned in the said section 80C . |
|

SATH
 |
to calculate age, sex, mode of earning is required i.e., amount earned through lottery, business, salary, artist etc |
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Deva
|
your question is not clear.
IS 840000 is your annual income or u do you want to save up to 840000?
any how if you are an employee.you can get tax exemption
up to rupees one lakh (per year)of your earnings under sec 80cc
it covers your provident funds , insurance policy premiums, national savings scheme savings, house building loan princial, tuition fees for your children education,etc.
in addition if you are paying house rent then you can get exemption for that rent.
payment to any relief fund, donation to registered trusts who are doing social service , any intrest for housing loan for self occupied property, medical exemption , professional tax paid by you also exempted.
if you are a woman another 35000 can be exempted.
this much you get exemption from tax if you are an employee.
tax saving is also an art of saving for your better future. If you need help to find out how much exact amount you can save, contact me through email. i can assist you.
my address : devaraj0910@yahoo.com |
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naveen k
 |
dear friend..
always explain the things properly if you want a clear answer.
hope you will do the needful.
bye. |
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hirdesh
 |
for ur answer u should also tell ur age & ur sex |
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manjul_aqua
|
you can find a really good excel file to calculate tax at
http://www.ynithya.com/taxcalc/
try it |
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swet kamal
|
On a flat basis tax on annual basis would be 208060 and montly TDS would be 17338.
To save this you need to invest upto 100000 u/s 80C and 10000 u/s 80D as mediclaim and if possible take a home loan.For more go to www.groups.yahoo.com/group/taxadvice_ins... |
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Santosh
|
for a male : Rs 1,75,440 (Rs.14620 per month ) after making Rs. 1,00,000 investment u/s 80C
for a female : Rs 1,71,870 (Rs.14320 per month ) after making Rs. 1,00,000 investment u/s 80C |
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