5. Ramu earns Rs. 850.000 in a year. He is unmarried and his total allowances are
Out of the annual earning of Rs. 6.50,000, the taxable income is Rs. 400.000 If a man
C Long Questions
4.
Rs. 3,50.000. If he has to pay 15annual income tax find his tax amount
has to pay 20% income tax, find his income tax.
Bhawana ears Rs 8.20,000 in a year. Her allowances are Rs 400.000 and she pays
the annual income tax of Rs. 63.000. Find the rate of income tax
- Coreeams Rs. 18.00.000 in a year. If he pays Rs. 130.000 income tax every year at the
rate of 25%, find the total allowances.
The monthly salary of a project manager is Rs. 55.000. He has annual allowances of
Rs. 4,00.000. Find his annual income tax, if he pays the income tax at the rate of 15%
on the first Rs. 200,000 and 25% on the remaining sum of the taxable income.
9 In a school, there were 500 students. Average tuition fees of each student is Rs. 1600
how much education tax should be paid by the school to the government at the rate
of 1% tax?
10. The basic monthly salary of a married civil servant is Rs.75.000. He/She gets tax
allowance and pays the tax for the rest amount. What amount does he/she pay tax in
a vear? Use the above rate of tax).