ABOUT TAX

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  1. anant11

    anant11 New Member

    DEAR SIR
    I AM WORKING IN GOVERNMENT COLLEGE ON CONTRACT BASIC BY SALARY WAS 30000 PER(CONSOLIDATED NO ANY OTHER ALLOWANCE) MONTH FOR YEAR 15-16 WHAT ARE THE TAX BENEFIT FOR ME IN TAX
    AND FOR YEAR 16-17 NOW MY SALARY IS 45000 PER MONTH (CONSOLIDATED ) HELP ME ABOUT SAVING TAX
     
  2. ZED

    ZED Well-Known Member

    Are they not deducting your tax from your payments?
    Your income ,on the basis of above information, is 3.60 Lacs.
    Upto 2.5 Lacs, there is not tax, thereafter, you may claim deduction u/s 80C for upto 1.50 Lacs. (Well if you had..... till 31st March)

    It is mandatory for you to file your return because your income is above the maximum amount not liable to tax. [S.139]
     
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