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| Hello,
Does anyone know how the tax refund calculated for 3A contributions, for the people taxed at source. I mean is it like deducting the 3A amount from gross income and looking at the tax % from the income bracket after deduction (gross - 6365)
Thanks a lot !! | |
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That is exactly how it is calculated and then the marigal tax rate recalculated and the difference given back.