I am new to Compensation and Benefits. I have been given a task to calculate and finalize the per month TDS and income tax sheet. I don't know how to calculate it or what formulas to use. Can somebody share this sheet with me, where some formulas are there as per the current income tax slab - 2012-2013? I will try to learn it and have some explanation on the calculation.
Regards
From India, Gwalior
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From India, Gwalior
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Income Tax Calculation 2009-10 - Salaries.xls