07 April 2009
Dear sir,My Total Income Is 180000/- For The Financial Year 2008-09, Total Income=100000(salary)+80000(Short Term Capital Gain Form Share)....Pls Tell Me Whats Is My Tax Liability??.....no other tax saving plan taken.
07 April 2009
on Short term capital of balance amount of 30K charge @ 10%. so your final tax liability will be Rs. 3090 (including education cess of 3%).