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Darshan (HR)     12 July 2014

How much tax would a person earning 30 lakhs annually pay?

Hello Everyone,

 

One of my friend, has got an offer of Rs. 30 lakhs annually along with that fixed amount of 20k as Car fuel and driver. He wants to know how much would he have to pay tax?

He is open to all sort of investments in Mutual funds, and other such types.. basically, he does not want to give away his hard earned money to government. So with this new tax slab of 2.5 lakhs, increase in 80 (C) and house loan policy change, can somoene help to show where should one invest such that he/she would have to pay minimal tax to government?



Learning

 4 Replies


(Guest)

This is a legal forum not a CA forum. Visit to any CA forum to get your answers.

CA Sunil Gupta (Prop.)     13 July 2014

CA also available in this site 

CA Sunil Gupta (Prop.)     13 July 2014

Mr. Darshan  following deduction are available 

 

 

80 C 250000

80 TTA Rs. 10000

80 GG 

80 D

if u have any problam than pls quary on my email Id  casunilgupta87@rediffmail.com 

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     14 July 2014

You can do calculations yourself on tax calculator which can find in www.incometaxindia.gov.in


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