Compute the taxable income of a person who has provided the following income (determined as per tax rules) and other information for one fiscal year. He has earned Rs.1500,000 as a salary. He has also earned income of Rs.65,000 from the sales of shares of private company and Rs. 40,000 from the miscellaneous sources. During his income, he has also paid Rs.35,000 as Zakat privately to the poor. The employer also bearing the expense of his children education fee which is adjusted in his salary as an education allowance that is Rs. 700,000. He also has borrowed a loan for the construction of a house that is Rs. 10,000,000 on which he pays monthly installments of Rs.45,000 where bank charges 25% as a profit on debt on each monthly installment. During the tax year, he has also made contribution to Workers Welfare Fund that is 12,000 Compute the taxable income.