Please help tp calculate the tax on the given salary

shwetamathur · #1 05-07-2007, 12:36 PM

Hi,

I need to calculate the tax libility of a person ( male) whose salary break up is as under, can anybody please help me out to calculate the tax for him.

Basic 33000
hra 16500
travelling allow. 2000
special allow. 14500

This guy is living in a non metro city and paying 12000 per month as house rent, and consider the LIC premium as 1 lac.

Thanks

r.vijey · #2 06-07-2007, 12:26 PM

Hi,

You can use the template enclosed to calculate the tax. This was posted by one of the cite hr member long time ago.

Regards

Vijayakumar

cleetus · #3 01-10-2009, 01:20 PM

salary calculation

cutencuddly2 · #4 02-10-2009, 03:28 PM

the taxable amount will be 359527.68 rs