Hi , I would like to know how the tax is getting calculated on salary,and getting detucted. Regards Sagaya
From India
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From India
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Hi, Please find the attachment for tax calculation for your reference. Regards, Yogesh
From India, Lucknow
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2From India, Lucknow
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Hi,
I am a salesperson in an MNC. I earn huge amounts as incentives but don't have clarity on how much tax is being deducted on incentives. Say, if I earn 1 lakh as an incentive every quarter, what will be the tax deduction? Also, if there is any investment scheme to save on some percentage of this deduction.
Shashi (you can also mail it across on my personal ID)
From India, Bangalore
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I am a salesperson in an MNC. I earn huge amounts as incentives but don't have clarity on how much tax is being deducted on incentives. Say, if I earn 1 lakh as an incentive every quarter, what will be the tax deduction? Also, if there is any investment scheme to save on some percentage of this deduction.
Shashi (you can also mail it across on my personal ID)
From India, Bangalore
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EMPLOYEE SALARY INCOME TAX CALCULATION.xls x