A sop opera`s end benefit

MONEY MATTERS

Gross income500,000 Savings in 80C100,000 Pre-tax disposable income400,000 New tax liability32,960 Net income a year367,040 Income per month30,500  EMI on Rs 12 lakh loan12,500 Disposable income for
household expenditure18,000 Impact of 5% higher inflation900 Tax benefit (per month)3,500 Additional outgo on EMI plus
Household expenditure (per month):1,400 Net benefit (per month)2,100  However, for people lower down the income ladder, the benefit-cost matrix works out quite differently