Sir,Need a formula to calculate tax
slabs:
Up to 2,50,000- Nil
<colgroup><col width="35" style="width: 26pt;"><col width="268" style="width: 201pt;"><col width="197" style="width: 148pt;"><col width="200" style="width: 150pt;"></colgroup><tbody>
</tbody>
slabs:
Up to 2,50,000- Nil
2,50,000 TO 5,00,000 -5% OF THE AMOUNT EXCEEDING 2,50,000 |
5.00,000 TO 10,00,000- 20% OF THE AMOUNT EXCEEDING 5,00,000 |
ABOVE 10,00,000 30% example: for 11,00,000 Rs 11,00,000-2,50,000 nil ( upto 2.5 lac no tax) next (bal amout after first slab) 8,50,000 - 2,50,000 5% slab tax next (bal amout after second slab) 6,00,000 -5,00,000 20% slab tax next (bal amout after third slab) 1,00,000 30% slab tax i tried if && not succeed so pls help on this Thanks in Advance |
<colgroup><col width="35" style="width: 26pt;"><col width="268" style="width: 201pt;"><col width="197" style="width: 148pt;"><col width="200" style="width: 150pt;"></colgroup><tbody>
</tbody>