Income Tax EXEMPTIONS for SALARIED Employees | Form 16/26AS #Shorts

Recognition By Income Tax Law

The daily income of a sample of 50 employees are tabulated as follows. Find the mean daily income of employees.

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

The average salary is being paid to all its employees by the Biotech corporation is ₹15500 .The avarage salary of the senior employees is ₹18000 per month and the average salary of the junior employees is ₹12000 per month if there are only two levels of employees viz junior and senior level then what fraction of the total employees in the junior level employees are: