RE:My taxable income
by dhananjay wadikar on Jan 09, 2008 01:00 PM Permalink
Friends, Above article is very old. Now the Tax free limit is 1,00,000. for example, in this case income is 2,50,000; Taxable income is 2.5lakh-1lakh=1.5lakh. You can get rid of tax under section 80C. alos consider ur HRA.
