Site icon Jagoinvestor

Tax on FD

Hi,

I am in 20% tax slab. I earned around Rs. 20,000 interest amount from different FDs and saving accounts. Please let me know how much tax I have to pay.

Also in this Rs. 20,000, I got Rs. 12,000 interest from such an account where I and my wife have joint account. Her annual salary is Rs. 2,40,000. Now, how to calculate tax?

Please help.

Thanks
Paresh

Exit mobile version