Tax computation
by Sandeep More on May 10, 2005 12:21 PM Permalink

I am drawin package of Rs. 360000/-
BAsic 14000/-
HRA 8400/-
Conveyance 3000/-
Industry adjustments 6000/-

Investment in PPF Rs 70000/-
LIC 18000/-
80 CCc 10000/-
IDBI Bonds 30000/-

What should be actual tax deduction for a year.my company shows 5000 per month

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