miss nikita , age 27 having taxable income of rs 5,34,000 will she have to pay income tax or not give reason
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miss nikita , age 27 having taxable income of rs 5,34,000 will she have to pay income tax or not give reason
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Answer:
Miss Nikita is of age 27 and her taxable income is Rs 2,34,000. She doesnt need to pay income tax as her earning is less than Rs 2,50,000. Kulkarni is of age 36 years and his taxable income is Rs 3,27,000.So, his taxable income falls in the slab of 2,50,001 to 5,00,000. Thus, he needs to pay the income tax.
Step-by-step explanation:
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Answer:
Yes
Step-by-step explanation:
Tax payers on salary are those who earn more than 5,00,000.
So according to the given Condition, Miss Nikita has to pay tax on her income.
The percentage varies according to the earnings.
Plz refer to other sites for more info regarding different amounts of earnings and percentage of tax on them.
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