Every person has to pay income tax on the total earning in a year, which is charged by the Government of India as an annual fee.

There is zero tax to be paid on income up to Rs 2.5 lakh in a year.

5% of the total income has to be filled on income from 2.5 lakh to 5 lakh rupees in a year.

10% of the total income has to be filled on income from Rs 5 lakh to Rs 7.5 lakh in a year.

In a year, 15% of the total income has to be filled for income between Rs 7.50 lakh to Rs 10 lakh.

In a year, 20% of the total income has to be filled on income ranging from Rs 10 lakh to Rs 12.5 lakh.

In a year, 25% of the total income has to be filled for income between Rs 12.5 lakh and Rs 15 lakh.

For income above Rs 15 lakh in a year, 30% of the total income has to be filled.

Click on the link to know about the 10 best options for tax saving.

CLICK HERE