hi
I am not sure if this is the right place for this.
I am very bad at this so, i really need ur help on this Can anyone of you please tell me what will be my inhand salary monthly based on the following: ( Bangalore)
Basic Salary - 28667
HRA - 11467
PF Employers -3440
Conveyance - 800
Medical reimbursement - 1250
Petrol reimbursement - 2400
Special Allowance -4450
Thanks in Advance
From India
I am not sure if this is the right place for this.
I am very bad at this so, i really need ur help on this Can anyone of you please tell me what will be my inhand salary monthly based on the following: ( Bangalore)
Basic Salary - 28667
HRA - 11467
PF Employers -3440
Conveyance - 800
Medical reimbursement - 1250
Petrol reimbursement - 2400
Special Allowance -4450
Thanks in Advance
From India
no dear tax will be deducted if you dont deposit the l.i.c. receipt or medical claim or house rent receipt and many more document.
if you dont deposit then tax will be deducted on 47784 i mean if you paid l.i.c. receipt upto 1 lac then 47784-1 lac = taxable salary
if you paid hra receipt then ur tax liability will be 47784-1 lac- amt of hra receipt
From India, Delhi
127if you dont deposit then tax will be deducted on 47784 i mean if you paid l.i.c. receipt upto 1 lac then 47784-1 lac = taxable salary
if you paid hra receipt then ur tax liability will be 47784-1 lac- amt of hra receipt
From India, Delhi
dear friend, please find the attechmnt and tell me about question marks. if you have no answer of question marks then your tax is showing in this sheet
From India, Delhi
From India, Delhi
Hi Dinesh,
thanks for your valuable inputs. it was helpful.. but i am very very bad at all this.. so i am giving u the full details here.. could you please tell me how much in hand salary i will be getting every month
Thanks a lot for your valuable time
From India
thanks for your valuable inputs. it was helpful.. but i am very very bad at all this.. so i am giving u the full details here.. could you please tell me how much in hand salary i will be getting every month
Thanks a lot for your valuable time
From India
Hai Rahul,
In hand salary in general parlance means what u receive in cash after making all the deductions against your authorization. as per the credit sheets indicated a am attaching the details against each head:
Basic Salary - 28667 (Will be taken into account)
HRA - 11467 (Will be taken into account)
PF Employers -3440 (Will be calculated against your authorization. However it is not a cash amount which u will receive in hand, this will be deposited into your PF account)
Conveyance - 800 (Will be taken into account)
Medical reimbursement - 1250 (will be granted to u on your application /intimation and fulfillment of other formalities, only when u actually incur this expenditure)
Petrol reimbursement - 2400 (will be granted to u on your application /intimation and fulfillment of other formalities, only when u actually incur this expenditure)
Special Allowance -4450 (Will be taken into account)
Now next comes the question of Tax part. the whole of the amount u earn becomes your taxable salary subject 2 exemptions granted vide Finance bill which is tabulated every year in budget session of parliament. any changes which are being proposed by the FM after getting node of parliament comes into force. for latest provisions wait for a few days as budget session is on and things will be cahnging very soon. Regards, DS
From India, Kanpur
In hand salary in general parlance means what u receive in cash after making all the deductions against your authorization. as per the credit sheets indicated a am attaching the details against each head:
Basic Salary - 28667 (Will be taken into account)
HRA - 11467 (Will be taken into account)
PF Employers -3440 (Will be calculated against your authorization. However it is not a cash amount which u will receive in hand, this will be deposited into your PF account)
Conveyance - 800 (Will be taken into account)
Medical reimbursement - 1250 (will be granted to u on your application /intimation and fulfillment of other formalities, only when u actually incur this expenditure)
Petrol reimbursement - 2400 (will be granted to u on your application /intimation and fulfillment of other formalities, only when u actually incur this expenditure)
Special Allowance -4450 (Will be taken into account)
Now next comes the question of Tax part. the whole of the amount u earn becomes your taxable salary subject 2 exemptions granted vide Finance bill which is tabulated every year in budget session of parliament. any changes which are being proposed by the FM after getting node of parliament comes into force. for latest provisions wait for a few days as budget session is on and things will be cahnging very soon. Regards, DS
From India, Kanpur
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Salary-Note.doc
SALARY SHEET CALCULATION.xls