Mathematics · Income Tax Calculation
Mr. Singh received a net salary of ₹ 1,00,000 after deductions: 10% of basic salary towards Recognised Provident Fund (RPF), Tax Deducted at Source (TDS) of ₹ 9,000, and repayment of loan of ₹ 35,000. What is his basic salary?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 1,60,000✓
- 2₹ 1,60,000
- 3₹ 1,50,000
- 4₹ 1,00,000
Correct answer
₹ 1,60,000
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