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Mr. Kartarsingh (age 48 years) works in ...

Mr. Kartarsingh (age 48 years) works in a private company. His monthly income after deduction of allowances is Rs. 42,000 and every month he contributes Rs. 3000 to GPF. He has also bought Rs. 15,000 worth of NSC (National Savings Certificate) and donated Rs. 12,000 to the PM's Relief Fund. Compute his income tax?

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Mr Kartarsingh (age 48 years) workers in a private company. His Monthly income after deduction of allowance is Rs 42, 000 anad every month he contributes Rs 3000 to GPF. He has also bough Rs 15000 worth of NSC (National saving certificate) and denoted Rs 12, 000 to the PM's relief fund. Compute his income tax.

Mr. Desai, a 62 years old, senior citizen is employed in a private company. His total annual income is Rs. 6,20,000. He has contributed Rs. 1,00,000 to the PPF and paid a premium of Rs. 80,000 for the year for health insurance. Also, he donated ? 10,000 to CM's Relief fund. What is tax payable?

Shri Dixit is 48 years old. He works in a private firm. His annual income is Rs 7,00,000. How much | tax will he have to pay?

The ratio of Anil’s monthly income to expenditure is 5 : 4 . How much does he spend in a month, if 1 his monthly income is Rs 18,000?

Mr Kulkami (age 81 years) has taxable income Rs 4,80,000. Will he have to pay income tax? Why?

Mr. Sane invested Rs. 3,20,000 in a bank at 10% compound interest. He also invested Rs. 2,40,000 in mutual fund. At market rates he got RS. 3,05,000 after 2 years. Which investment is more profitable?

Mr Desai is 53 year old. He has total yearly income of Rs 10,80,000. His investments are as follows : NSC: Rs 15,000 From the above details find total deduction, his taxable income and total tax.

CHETANA PUBLICATION-FINANCIAL PLANNING-Exercise
  1. Mr. Kartarsingh (age 48 years) works in a private company. His monthly...

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  2. For different types of investments wha is the maximum permissible amou...

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  3. If financial year is 2017-2018 then which year is considered as Assess...

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  4. If 90% of income is used for daily expense,3%is deposited in bank.How ...

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  5. If 5% of income is Rs. 15000 then what is the income of that individua...

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  6. Which of the following is a Direct tax?

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  7. For an individual having annual taxable income of Rs. 35000 how much p...

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  8. How much percent of Education cess is applicable on amount of income t...

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  9. How much percent of surchardge is payable by individual having an annu...

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  10. How much percent of surchardge is payable by individual having an annu...

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  11. What will be education cess payable on income tax of Rs. 5000?

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  12. If amount of income tax is Rs. 4000 then total tax payable will be

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  13. Which individuals are condiserd as super senior citizens?

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  14. For an individual if annual income is Rs. 550000 and deducation under ...

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  15. Education cess is levied in

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  16. Secondary and Higher education cess is levied on

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  17. Calculate 5% of Rs. 1,60,000.

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  18. Calculate 2% of Rs. 8000.

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  19. Calculate 30% of ? 630,000.

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  20. Compute income tax payable by Mr. Pathak who is 65 year old. His taxab...

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  21. Compute income tax payable by Miss. Leena . His taxable income is Rs.2...

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