I have tried to calculate the tax implications of various announcements made in Budget 2013 for individual tax payers. The calculations are carried out for individuals for income slabs for Rs. 5 lakhs, Rs 7 lakhs, Rs. 10 lakhs, and Rs. 15 lakhs.
Do have a look at it. But a word of caution, these calculations are based on various assumptions I have made and the final tax liability may be different for individuals having the same income.
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