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Re: Re: income tax
by ramesh wasudeo on Feb 16, 2009 02:25 PM

it is surprizing that u are getteing STANDARD DEDUCTION of Rs.4,60,000. upper exemption ceiling is 1,00,000/- plus 15,000/- for mediclaim for parents.

you are laible to tax for income exceeding 2,50,000/-.

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The above message is part of the Discussion Board:
Your income tax: How it works now