Hi,
I wanted to declare investment in my current company, and related to that I had few queries, as mentioned below:
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I have my annual CTC as 9 LPA, and the annual basic component is 3.3 LPA approximately. So, what would be my taxable income & take home income, annually and monthly ?
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Based on my taxable income, how would be the tax % are calculated?
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Out of my taxable income, how much would be tax free amount? And will that tax free amount limit can be stretched further by showing my PPF & HRA ?
Thanks, Avinash Kumar