05-25-2010, 10:51 PM
I agree agt in rule 2, i did not include following lines Rs 20,000.
and tax calulation if Rule 2 applicable
100,000 * 6 = 600,000 - 400,000 (coz exceeding from 400,000)
= (200,000 * 7.5%)plus 20,000 (instead of 20,500 regarding earlier post)
= 15,000 + 20,000
= 35,000/6 = 5,833 per month from Jan to june.
but exmplain me how i wrong in rule 3.
Thanks
Abdul Samad
and tax calulation if Rule 2 applicable
100,000 * 6 = 600,000 - 400,000 (coz exceeding from 400,000)
= (200,000 * 7.5%)plus 20,000 (instead of 20,500 regarding earlier post)
= 15,000 + 20,000
= 35,000/6 = 5,833 per month from Jan to june.
but exmplain me how i wrong in rule 3.
Thanks
Abdul Samad