This is my first time when I have to pay taxes. My income is from online sources (content writing and few other jobs). Here is detail of income and other investments:
Form April 2012 to August 2012- I made Rs 100000 in total. Now taking 20000 as average my projecetd income for this year is 240000. How to caculate tax on this ? Also please tell about advance tax ?
What is I make a deposit of Rs 100000 in PPF? Also if my projected earnings increases or decreases, then what will happen to the earlier paid amount. Waiting to hear valuable suggestions here. Thanks