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As country follows a progressive taxation system under which the income tax rate applicable varies for different slabs of income. Total tax is computed by calculating the tax for each slab and adding them up. The rates applicable are as follows: Annual Income Slab (in Rs.) Tax Rate Applicable 0-50,000 0% 50,001-60,000 10% 60,001-1,50,000 20% >1,50,000 30% .If my annual income is Rs.1,70,000 then what is the tax payable by me? a. R s .17000 b. R s .25000 c. R s .34000 d. R s .51000

A man's net income, after paying income tax at the rate of 5 paise in a rupee, is Rs.760. Find his gross income.

Which is better investment,12% stock at par with an income tax at the rate of 5 paise per rupee or 14(2)/(7)% stock at 120 free from income tax? (a) 12% stock (b) 14(2)/(7)% stock (c) Both are equally good (d) Cannot be compared

In big cities sales tax and income tax are paid through _________

A tax payer is exempted of income tax for the first 100000 of his annual income but for the rest of the income, he has to pay a tax at the rate of 20%. If he paid 3160 as income tax for a year, his monthly income is

In the previous question, if the difference in the rate of income tax be 9 (in percent) then the income tax paid by me :

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