[July 2020 to June 2021]
Computation of Total Income and Income Tax Liability:
: TAKASHI OHIRA
E-TIN | : 346004994332
Designation | : Deputy Manager
Name of the employer | : TAMURAKOMA & CO., LTD.
Address | : 8th Floor, House no. 37, Road No. 02, Sector
No. 13, Uttara Model Town, Uttara, Dhaka-1230
Residential Status | : Resident
Employment period | 13 November 2019 to Till Now
Income Year | : 2020-2021
Assessment Year | : 2021-2022
Particulars | Gross Income | Exempted Income | Taxable Income
Basic Salary | 2,550,000 | - | 2,550,000
House Rent | 360,000 | 300,000 | 60,000
Conveyance Allowance | 30,000 | 30,000 | -
Medical Allowance | 120,000 | 120,000 | -
Total | 3,060,000 | 450,000 | 2,610,000
Income Tax Calculation
Particulars | Taxable Income | Tax rate | Income Tax
300,000 | 0% | Nill
On Second | 100,000 | 5% | 5,000
On Third | 300,000 | 10% | 30,000
On Fourts | 400,000 | 15% | 60,000
On Fifth | 500,000 | 20% | 100,000
On Above | 1,010,000 | 25% | 252,500
2,610,000 | 447,500
Total tax liability for the year | 447,500
Less: Tax paid by challan | -
Balance | 447,500
Remaining Tax liability per month (For 12 Month) | 37,292