11/5/2011

Income Tax projections for Financial year 2009-10 MURUGAN

Page 1 of 2

Incl PF Apr
Basic DA Convey HRA Ch.Educ Medical LTA Uniform all. Misc. Misc. Misc. Misc. Misc. Misc. Misc. Misc. Misc. Misc. Total Prof Tax PF VPF IT Rent Life Insur Oth Ded Oth Ded Oth Ded Oth Ded Oth Ded Oth Ded Oth Ded Oth Ded Total Ded Net Loan/Wdwl

May
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Jun
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Jul
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Aug
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Sep
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Oct

Nov

Dec

Jan

Feb

Mar

Total Perks Bonus Others

Gross
150000 0 48000 42000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 240000 0 4680 0 0 0 0 0 0 0 0 0 0 0 0 4680 235320

? Y Y N N N N N N N N N N N N N N N N

25000 25000 25000 25000 25000 25000 150000 0 0 0 0 0 0 0 8000 8000 8000 8000 48000 7000 7000 7000 7000 7000 7000 420000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10000 40000 40000 40000 40000 40000 2400000 0 0 0 0 0 0 0 780 780 780 780 780 780 4680 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 780 780 780 780 780 780 4680 39220 39220 39220 39220 39220 39220 235320 0 0 0 0 0 0 0

Earnings

0 0 0

0 0 0 0 0

0 0

PF

Deductions

OB Int CB VPF % In India ? Metro/non? PF%

0 0 0
0

0 0 0
0

0 0 0
0

0 0 0
0

0 0 0
0

0 0 0
0

0 0 1019
0

1019 7 2038
0

2038 14 3057
0

3057 22 4076
0

4076 29 5095
0

5095 36 5114
0

0 108 6222

PF

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Y M
12%

Tax Computation Gross Salary Profession Tax Exemption under section 10 & 17 Gross Salary after section 10 & 17 exemptions Accommodation Perquisites Income chargeable under head Salaries Income chargeable under head House/Property Income chargeable under head Capital Gains at normal rate Income chargeable under head Other sources Gross Total Income Deduction under Chapter VI-A Deductions under Sec 80 C Net Taxable income Tax Appl Rate Amount 0% 154340 10% 0 20% 30% 0 0

240000 0 4800 235200 0 235200 52260 0 0 182940 4419 24180 154340

Exemptions under section 10 & 17 HRA Exemption (Sec 10 (13A) Transport Exemption (sec 10 (14A) Other exemption under sec 10 (10)(gratuity) miscellneous exemptions sec 17(2) Childrens Education Allowance Exemption (Sec 10, 14) LTA Exemption {Sec 10 (5)} Uniform Expenses {Sec 10 (14)} Total Exempted Allowances Other Income

Produced Limited 0 0 0 0 0 0 0 0 0 0 4800 Produced Limited 0 0 0 0

House /Property Income or Loss (enter loss as negative) 52260 -52260 Interest on Housing Loan (for tax Exemption) 0 0 Other Income (Interest , etc) 0 0 Deduction under Chapter VI-A Produced Limited Medical Insurance Premium (Sec 80 D) 4419 4419 Medical Insurance Premium for parents (Sec 80 D) Medical for handicapped dependents (Sec 80 DD) Medical for specified diseases (Sec 80 DD B) Higher Education Loan Interest repayment (Sec 80 E) Donation to approved fund and charities (Sec 80 G) Rent Deduction (Sec 80 GG) only if HRA not received Deduction for permanent disability (80 U) Any other deductions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Tax Slabs 00000 160000 160001 300000 300001 500000 > 500000 Tax on Income Capital Gains Tax (from stocks) Education Cess

Balance 0 0 0

Tax 0 0 0 0 0 0 0

Total Tax Liability Total Income Tax paid from salary Tax paid outside of Salary Income Tax due

0 0 0 0

Total deductibles Deductions under Chapter VI (Sec 80 C) Pension Scheme (Sec 80 C) NSC (sec 80 C) Public Provident Fund (sec 80 C) Employees Provident Fund & Voluntary PF (Sec 80C) Childrens Education (sec 80 C) Housing Loan Principle repayment (Sec 80 C) Insurance Premium (Sec 80 C) n Infrastructure Bonds & others (MF, ULIP, FD, etc) (sec 80 C) Insurance Premium (Sec 80 C) n

0 Produced 0 0 5000 4680 0 7500 7000 0

4419 Limited 0 0 5000 4680 0 7500 7000 0 24180

Remaining months in year

12

Balance Tax Payable