08-22-2010, 02:50 AM
Annual Rent = 2,520,000/-
Tax Rate= Rs.57,500 plus 10% of the gross amount exceeding Rs.1,000,000
= 2,520,000 - 10,00,000/-
= 15,20,000 X 10%
= 152,000
= 152,000 + 57,000
Annual Tax = 2,09,500
2,09,500 / 12
Monthly Tax = 17,458/-
Tax Rate= Rs.57,500 plus 10% of the gross amount exceeding Rs.1,000,000
= 2,520,000 - 10,00,000/-
= 15,20,000 X 10%
= 152,000
= 152,000 + 57,000
Annual Tax = 2,09,500
2,09,500 / 12
Monthly Tax = 17,458/-