Page 16 - HDFC Bank TPP Flipbook
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Tax Slab Amount earned Tax Tax Amount
Up to r 2,50,000 2,50,000 Nil Nil
r 2,50,001 to r 5,00,000 2,50,000 5% 12,500
r 5,00,000 to r 10,00,000 4,80,000 20% 1,00,000
Above r10,00,000 5,75,000 30% 1,57,500
Income Tax (i) 2,70,000
Educational Cess @ 4% on (ii) 10,800
Total Tax Liability [(i)+(ii)] 2,80,800 (B)
Total Tax Savings (A-B) r 85,800
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