Dear all,
Please clarify the below, as it is very essential for me .kindly do needful
If a women drawing 2.5 ctc and her gross comes to 2.2
then income tax will be calculated on 2.2 according to income tax slab
is that so...
if there is 10% to be paid.. then 10% of 2.2 to be calculated
please confimr

From India, Hyderabad
for women the tax is nill upto 1.8L. so here tax will be applicable from 1.8L to 2.5L. i.e. 10% on 70k.
From India, New Delhi
Hi, Please refer to the tax calculator and accordingly you can calculate the tax in case of male/female staff. Anurag
From India, Jaipur
Attached Files (Download Requires Membership)
File Type: xls CTC Calculator.xls (21.0 KB, 1672 views)
File Type: xls Tax Calculator.xls (59.5 KB, 1266 views)

Dear Anurag Really am very thankful to you. Many people posted tax calculator before, but i was hard to understand that Your’s is so simple and informative Thanks once again Neelima
From India, Hyderabad
Neelima,
Form 16 contains a declaration regarding the payment of salary as well as the details of the deduction of TDS on Salary. This is given by the employer at the end of the financial year after the filing the employer's return of TDS. In case the employee eaving from the organisation, same can be issued at an early date.
Return of Income of an individual getting salary filed on the basis of the information contained in the form 16.
Regards,
Anurag

From India, Jaipur
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.