in budget for fiscal year 2022-23 government set free those who earn up up to 100,000 rupees per month from income tax – an increase in the limit from the previously existing 50,000 rupees per month.
Besides, government issued a revised list of income tax plates for hired persons. There used to be 12 plates, now they are gone. reduced up to seven.
These plates:
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For income below 600,000 rupees for year (below 50,000 rubles per month)
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For income of Rs 600,000 to Rs 1.2 million per year (from 50,000 to 100,000 rubles per month).
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With an income of 1.2 to 2.4 million rupees per year (from 100,000 to 200,000 rubles per month)
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With an income of 2.4 to 3.6 million rupees per year (from 200,000 to 300,000 rubles per month)
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For income from 3.6 to 6 million rupees (from 300,000 to 500,000 rupees per month)
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With an income of 6 to 12 million rupees per person year (from 500,000 to 10,000,000 rubles per month)
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For income more than 12 m on year (more more than 10,000,000 per month)
Use our calculator to calculate the tax you will pay and find out out your prey-home salary.