Tax Calculation
by Avi on Mar 01, 2008 11:53 AM Permalink | Hide replies

The 30% tax slab in increased to 5lakh. How will be tax calculated for a person earning more than 5lakhs. Flat 30% of his income or 50,000 30% of his income in excess of 5lakhs?
Can someone clarify this....

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RE:Tax Calculation
by robin mathew on Mar 01, 2008 12:07 PM Permalink
30% for the amount in excess of 5lakhs

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