Hello Everybody,
Please send me the complete formula for calculating salary. For example, I want to provide a net salary of 60,000 per month to my employee. How do I calculate all the taxes? Also, how do I generate the salary? I am very confused about the salary calculation.
Thank You.
Regards, Sanjay Pansuriya
Email: sanjaypansuriya@gmail.com
From India, Ahmadabad
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1Please send me the complete formula for calculating salary. For example, I want to provide a net salary of 60,000 per month to my employee. How do I calculate all the taxes? Also, how do I generate the salary? I am very confused about the salary calculation.
Thank You.
Regards, Sanjay Pansuriya
Email: sanjaypansuriya@gmail.com
From India, Ahmadabad
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You can calculate your tax liabilty with the help of this calculator. regards Ramesh S Chennai
From India, Madras
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From India, Madras
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We are confused, please clarify:
In the salary calculation sheet (proposed%20Salary_breakup_157(1)(1).xls), you have mentioned Basic @59.40% of gross. While calculating Basic, you have changed the formula. We have checked using the above formula (@59.40% of basic), but it is different from your calculation. It appears it should be 58.23% of the gross. Our ID is
.
From India, Mumbai
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In the salary calculation sheet (proposed%20Salary_breakup_157(1)(1).xls), you have mentioned Basic @59.40% of gross. While calculating Basic, you have changed the formula. We have checked using the above formula (@59.40% of basic), but it is different from your calculation. It appears it should be 58.23% of the gross. Our ID is
From India, Mumbai
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How to calculate Basic, HRA Edu All, Trans All, Flexi Income, Med. All etc. from CTC
From Hong Kong
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From Hong Kong
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Dear Sir,
Greetings for the day.
I have just gone through your post regarding the 2008-09 tax calculator, and I must say it is very simplified in a magnificent manner. Could you please forward me the updated version applicable for the year 2014-15?
As the tax slab has been changed, your support in providing the updated version would be highly appreciated. Kindly forward the said sheet to the email address mentioned below.
Regards,
Daniel
8552000963
danielks369@yahoo.com
From India, Chakan
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Greetings for the day.
I have just gone through your post regarding the 2008-09 tax calculator, and I must say it is very simplified in a magnificent manner. Could you please forward me the updated version applicable for the year 2014-15?
As the tax slab has been changed, your support in providing the updated version would be highly appreciated. Kindly forward the said sheet to the email address mentioned below.
Regards,
Daniel
8552000963
danielks369@yahoo.com
From India, Chakan
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EMPLOYEE SALARY INCOME TAX CALCULATION.xls x