I would like to know my tax liability for financial year 2009-10 on a CTC of Rs.4,50,000
Here's the break up annually:
Basic: 180000
HRA: 90000
Conveyance: 9600
Medical: 15000
LTA: 107400
Helper: 48000

Apart from this company gave Rs.24400 (medical benefit in November 2008)
Diwali gift: cheque of Rs.5000

Expected bonus Rs.40000

Please advise what will be my tax liability.
India.

This forum is for the U.S. taxes. For India taxes, you can post at
mytaxes - Index (http://mytaxes.in)

Thanks Mukata.