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Hi Jayshree,I have downloaded a very good tax calculator from the CiteHR site. It is very good, easy to understand, and operate. I hope you will also like it.Regards,Jayshree
With the help of an Excel sheet, you can achieve it.Regards,
Hi, I have joined on 19th Nov. My salary package is 3 lakhs. How much tax will I pay? Kindly advise.
Hello,Attached is the Tax Calculator for the year 2007-2008\. I hope it will be helpful.Regards,Nisha
Dear Anonymous,Thank you so much for your kind words and valued appreciation of my comments.In the above case, NIL tax is applicable as already stated, 2.50 L is Tax-Free for the financial year. The female employee will be entitled to Conveyance, Medical, and HR...
Can you send some reimbursement parts showing in CTC structure. Daisy Singh@Pan:> Dear Sudha,> > There are many components for calculating TDS on salary. First of all, you have to check the salary structure, which should comprise Basic, HRA, Conveyance, Medical ...
Dear Sudha,There are many components for calculating TDS on salary. First of all, you have to check the salary structure, which should comprise Basic, HRA, Conveyance, Medical Allowance, etc. There could be optional points as well, like LTA, Reimbursement Policy...
Hello everyone,Can anybody help me out or provide a sheet and formula on how to calculate tax deductions from salary?
Thank you, Mr. Pan Singh, for providing your valuable time and for answering my query. Can you please elaborate more clearly with examples? Let's consider a scenario where a female person's salary components are as follows: Basic: Rs. 7000/pm, HRA: Rs. 3500/pm, ...
Thank you, Daisy, for your valued appreciation. Please find a list of some reimbursement expenses: Fuel Allowance, Telephone Expense, Uniform Allowance, Car/Vehicle Maintenance Allowance, LTA, etc. For proper taxation, please consult your finance/accounts team.