Last Modified: Thu, Feb 01 2018. 02 22 AM IST

How various tax slabs and income tax deductions reduce your total tax outgo

Here is a ready reckoner that tells you how to calculate your tax liability for FY18

Photo: Pradeep Gaur/Mint
Staff Writer

Here is a ready reckoner that tells you how to calculate your tax liability for FY18 assuming your annual income is Rs24 lakh.

Topics: tax outgoFY18financial yearincome tax

First Published: Wed, Jan 31 2018. 05 40 PM IST

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