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Income tax calculation in India FY 2012-2013?

 
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ajshco
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PostPosted: Sat 10:05, 12 Jan 2013    Post subject: Income tax calculation in India FY 2012-2013?

Is income tax calculated on gross salary or salary which we get in hand after deductions ? How much amount is for medical reimbursement and max limit to save tax? please guide me with clear steps. I am paying tax for first time.

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