Tag Archives: Calculate Income tax for Employee

Examples to Calculate Income tax for Employee for FY 2015-16

Various Examples to Calculate Income tax for Employee for FY 2015-16 (AY 2016-17) Example 1 For Financial Year 2015-16  Assessment Year 2016-17 (A) Examples to Calculate Income tax for Employee  (Male or Female) below the age of sixty years and having gross salary income of: i) Rs.2,50,000/- , ii) Rs.5,00,000/- , iii) Rs.10,00,000/- iv) Rs.20,00,000/-. and… Read More »