Salaried or self employed tax exemption in your PF, HRA, LTA, special allowances and much more

Currently, Income tax rates for salaried employee below 60 years of age - stands NIL on below Rs 2.5 lakh income, 5% between Rs 2.5 lakh to Rs 5 lakh income, 20% between Rs 5 lakh and Rs 10 lakh income and 30% above Rs 10 lakh income.
Salaried or self employed tax exemption in your PF, HRA, LTA, special allowances and much more
Either salaried or self-employed you are obligatory to pay taxes from your income to the Income Tax Department. Photo: Pixabay
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