Esi deduction

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

12 May 2013 I want to Income tax Return file Basic Salary 12550.00 P.M. PF 1506.00 ESI 220.00 P.T.200.00 how to calculate my income.

Guest

Guest (Expert)

12 May 2013 your gross total income does not exceed the Rs 200000, hence you have no tax liability and not required to file the return of income.

But any person can file his return of income voluntary.

Before calculating your income for the year.
please provide the following:

Is pf, esi are annual values

Is basic salary of 12500 is gross salary