Salary Query?
S.Prasanna (Financial consultant) (90 Points)
22 January 2022
Consolidated Salary Rs.28000/- Taxable salary or not!?
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 22 January 2022
If you mean to say salary 28K PM; the net tax liability after considering rebate u/s. 87A would be NIL.
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 22 January 2022
Yes, the next tax liability will be nil with a Salary of Rs. 28,000 per month.
But if your Gross Total Income exceeds Rs. 2,50,000 then you are liable to file return of Income.
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