I have 600000/yr excluding (employer's PF 3000) which is fixed and I got bonus 75000 what will be my tax/month

Question

I have 600000/yr excluding (employer's PF 3000) which is fixed and I got bonus 75000 what will be my tax/month

Answer 1

To answer your question, your must tell the breakup of your salary. Basic, DA, allowances, PF deducted, and your 80C investment, medical insurance...

Read Income From Salary:

http://mytaxes.in/index.php?topic=17.0

For the income tax rate of FY 2007-8, check here

http://mytaxes.in/index.php?topic=16.0

Answer 2

To get your tax calculated and also to file online visit

http://calculatetax.blogspot.com/

http://taxation-suchithra.blogspot.com/

Answer 3

Since you have not given the breakup, I suggest you use a simple calculator - one such is available at http://prrajan-tax.blogspot.com/2008/03/... . Insert all data and in the month you got the bonus, add that also