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Determine payable tax

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Reference no: EM132996436

Mr. Selim is a govt. employee. His net income in the year which indeed on June, 2021 is as following:

  • Basic salary-40,000
  • Medical Allowance -1500
  • Festive Bonus-71,000
  • Boishakhi Allowance- 7100

He invests 7000 per month to provident fund. He got interests 42,000 from provident fund. He also donated to Benefit fund 50 taka monthly and to Employee association taka 49 monthly.

Determine his payable tax.

Reference no: EM132996436

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