No Tags Found!

Dear HR,

I am new to Compensation and Benefits. I have been given a task to calculate and finalize the per month TDS and income tax sheet. I don't know how to calculate it or what formulas to use. Can somebody share this sheet with me, where some formulas are there as per the current income tax slab - 2012-2013? I will try to learn it and have some explanation on the calculation.

From India, Gwalior
Acknowledge(0)
Amend(0)

Please check out this link for FAQs on Income Tax deductions.

You can go through this wiki for various other aspects related to compensation and benefits like PF, ESI, etc.

From India, Bangalore
Acknowledge(0)
Amend(0)

Hi, I have calculated the income tax but not sure if it is correct. can any one tell me if it is correct...specially the formulae for tax calculation?
From India, Gwalior
Attached Files (Download Requires Membership)
File Type: xls Income Tax Working.xls (48.5 KB, 2630 views)

Acknowledge(0)
Amend(0)

Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.