4 Replies to “If annual income is 200000 how much tax should i pay?”

  1. As you haven’t specified whether you are Man or woman nonetheless I’ll give you the data for both,
    Male – For a man you income till 1.6 lacs is tax free so you’ll be paying 10% tax on Rs 40k i.e. Rs 4000 only.
    Female – If you are a woman then your income till 1.9 lacs is tax free so you’ll have to pay 10% tax on Rs 10k i.e. Rs 1000

    Income tax in india is calculated on tax slabs.

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