Query
Hello Everybady....
Please send me complete formula for calculate salary.
ex. i just want to give net 60000 salary p.m. to my employee.
so how to calculate all the taxes?
how to generate salary?
i m very confuse about salary calculation.
Thank You.
Regards,
Sanjay Pansuriya

5th October 2009 From India, Ahmadabad

PARTICIPATING IN DISCUSSION:
Daniel K Sonkamble
Human Resource
Rvs_vangal
Accounts
+4 Others

some answers for ur questions?
8th October 2009 From India, Secunderabad

Attached Files
File Type: xls proposed%20Slary_breakup_157(1)(1).xls (22.0 KB, 14479 views)


You can calculate your tax liabilty with the help of this calculator. regards Ramesh S Chennai
9th October 2009 From India, Madras

Attached Files
File Type: xls Income tax calculator-2009-10-new.xls (67.5 KB, 6384 views)


We are confused please clarify:
In the salary calculation sheet(proposed%20Slary_breakup_157(1)(1).xls ) you have mentioned Basic @59.40 of gross and while calculating Basic you have changed the formula, we have checked by above formula (@59.40 of basic) but it is different from your calculation. whether it should be 58.23% of gross. Our id is
9th March 2010 From India, Mumbai

How to calculate Basic, HRA Edu All, Trans All, Flexi Income, Med. All etc. from CTC
27th June 2013 From Hong Kong

Dear Sir,
Greetings for the day,
As just went through your post for 2008-09 tax calculator the same is very simplified in magnificent manner now please forward me the same applicable as on today for the year 2014-15.
As the slab been changed , pl do support the same shall be appreciated pl forward me the said sheet on below mentioned mail id.
regards
daniel
8552000963

13th February 2016 From India, Chakan

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