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Message: <blockquote data-quote="newbieElakiri" data-source="post: 27787161" data-attributes="member: 578803">Ube annual income ekata 36 lakhs(3.6 million) kiyala gamukoTax eka hedenne,First 1.8 Million tax free   3.6-1.8 = 1.8 Million to be taxed                        Second 1.2 Million (This is noted as first 1.2 million as above table) 48000 is 4% of 1200000now you have remaining 3.6 - 1.8 - 1.2 = 0.6 millionfor second 1.2 Million(only you have 0.6 million) = 48000 is 8% of 600000Total tax = 48000 + 48000 = 96000correct me if I'm wrong, this is according to my understanding</blockquote>

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