CBSE Important Questions

Q. 71. Kartika’s monthly income is Rs. 25, 000. She contributes Rs. 20 ,000 towards GPF and invests Rs. 20, 000 in NSC’s. She donates Rs. 5, 100 to a medical research centre, thus getting a relief of 100% on the donation. Compute her income tax.

Q. 72. Ankur is a senior citizen aged 71 years. He works in a private firm and gets a monthly salary of Rs. 22, 000. He contributes Rs. 45, 000 towards PPF and donates Rs. 3, 100 towards P.M.’s National Relief Fund. Compute his income tax.

Q. 73. The annual income of Kapil is Rs. 2, 80, 000. He contributes Rs. 4, 500 per month in Provident Fund and pays Rs. 8, 000 annually towards LIC premium. Find the income tax to be paid by Kapil in the last month of the year if he paid Rs. 1, 500 per month as income tax for the first 11 months.

Q. 74. Ramesh has an annual income of Rs. 5, 10, 000. He pays an annual LIC premium of Rs. 20, 000 and invests Rs. 20, 000 in National Saving Certificates and contributes Rs. 5, 000 per month to his Provident Fund. He pays Rs. 6, 000 per month for 11 months as income tax. Find the income tax to be paid by him in the last month of the year.

Q. 75. Dr. Salim is a senior citizen and earns Rs. 28, 000 per month. He donates Rs. 6, 000 to PMRF (100% relief) and Rs. 4, 000 to an institution (50 % relief). He contributes Rs. 60, 000 towards PPF and purchases NSC’s worth Rs. 15, 000. He pays Rs. 900 per month for the first 11 months of the year. Find the income tax to be paid by him in the last month of the year.

Q. 76. Amit’s monthly salary is Rs. 19,250. He contributes Rs. 2,500 per month towards GPF and Rs. 20, 000 towards PPF. He donates Rs. 11, 000 to a school and gets a relief of 50% on the donation. Calculate the income tax deducted from his salary in the last month of the year, if the tax deduction is made from his salary for 11 months at the rate of Rs. 800 per month.

Q. 77. The annual income of Ravish is Rs. 2,80, 000. He donates Rs. 5, 000 to PMRF. He contributes Rs. 5, 000 per month in his provident fund and pays an annual insurance premium of Rs. 15,000. Calculate his income tax for the financial year.

Q. 78. Rahul aged 67 years, gets a pension of Rs. 25, 000 per month. He contributes Rs. 40,000 towards PPF and purchases NSC worth Rs. 20, 000. He also donates Rs. 10, 000 towards PMRF. Calculate the income tax to be paid by him in the last month of the year, if his earlier deductions as income tax, for the first 11 months were at the rate of Rs. 800 per month.

Q. 79. The monthly income of Anita is Rs 30, 000. She donates Rs. 8, 400 towards PMRF and Rs. 12, 000 to an orphanage. She contributes Rs. 4,500 per month towards Provident Fund and Rs. 2,500 per quarter as LIC premium. She purchases NSC’s worth Rs. 10,000. She pays Rs. 2, 500 per month as income tax for the first 11 months of the year. Calculate her income tax for the last month of the year.

Q. 80. Radha’s annual salary is Rs. 1, 65, 000. She contributes Rs. 10, 000 towards GPF and pays an annual LIC premium of Rs. 10, 000. Calculate the income tax to be paid by her for the financial year.