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    pssl's Avatar
    pssl Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Feb 4, 2009, 03:41 AM
    How much is my tax liability?
    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.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 4, 2009, 06:12 AM

    This forum is for the U.S. taxes. For India taxes, you can post at
    mytaxes - Index
    pssl's Avatar
    pssl Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Feb 4, 2009, 10:10 PM

    Thanks Mukata.
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