1.

Mrs. Rane, a 61 year old nurse is employed in a private hospital. Her total annual incomeis 6,00,000. She has invested in the following schemes:(i) Premium of health insurance: 50,000 for a year.(ii) PPF: ₹75,000(iii) Provident Fund: ₹60,000(iv) Donation to PM's Flood Relief Fund: ₹10,000.Find out the income tax payable.​

Answer»

Step-by-step explanation:

premium

pf

donations

fund will be EXEMPTED

AFTERWARDS it remains 405000

first 250000 will be exempted

155000 5% 7750 will be her tax



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