By Soumya Ranjan 
Zero tax up to Rs 12 lakh available income is uplifting news. In any case, you begin to lose when you pass that boundary – until your available pay arrives at Rs 12.71 lakh. See the math.
The declaration of No tax for those with available income up to Rs 12 lakh has carried cheer to all who fall in that class. In any case, numerous who are hardly over that roof will wind up bringing a lesser amount home in spite of having a more significant compensation. This is the reason:
While the rebate announced by Finance Minister Nirmala Sitharaman in the Union Budget ensures that those earning up to Rs 12 lakh will have zero tax liability, the tax liability shoots up to Rs 61,500 if the taxable income breaches Rs 12 lakh – and hits Rs 12.1 lakh.
Thus, an employee having a taxable income of Rs 12.1 lakh takes home Rs 51,500 less than an individual having a taxable income of Rs 12 lakh.
It is likewise essential to take note of that in the event that your compensation increments from under Rs 12 lakh to minimal over Rs 12 lakh, it might prompt a decrease in the bring back home part.
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