Hi,
I am a 22 year old and just started earning.I wanted to know how much tax do I need to pay and a few good options for tax saving.My salary details are :
basic salary : 201600
hra : 96000
conveyance allowance : 48000
flexible benefits: 134400
fixed bonus : 16800
performance linked bonus : 55200
provident fund : 24192
flexible benefits help in tax planning and include things like food coupons,mediclaim and other allowances.
Please let me know how much would be my tax outgo and some tax saving tips.
Thank You in advance.