Hi all,
Please help me in calculating the tax. I am highly thankful to the people here who have been assisting me since last year. I had a package of 5.1 Lakhs from April 2013 (i.e., received [5.1 Lakhs/12 months - tax] as salary from April 2013) until August 2013. From September 2013, my package was increased to 6 Lakhs (i.e., received [6 Lakhs/12 months - tax] as salary in September 2013).
I have tax calculations for 5.1 Lakhs and corresponding deductions that have already been deducted by my company as tax. Can you please help me calculate my taxation for September 2013 - March 2014, considering the tax already deducted from April 2013 - August 2013, which is mentioned in the Excel sheet with necessary formulas included in each cell so that I can know how much tax should be calculated? The new package increases my basic to 37750 from 30250, and the rest of the savings and salary components are the same as in the Excel sheet.
Thanks in advance for your help.
From India, Hyderabad
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Please help me in calculating the tax. I am highly thankful to the people here who have been assisting me since last year. I had a package of 5.1 Lakhs from April 2013 (i.e., received [5.1 Lakhs/12 months - tax] as salary from April 2013) until August 2013. From September 2013, my package was increased to 6 Lakhs (i.e., received [6 Lakhs/12 months - tax] as salary in September 2013).
I have tax calculations for 5.1 Lakhs and corresponding deductions that have already been deducted by my company as tax. Can you please help me calculate my taxation for September 2013 - March 2014, considering the tax already deducted from April 2013 - August 2013, which is mentioned in the Excel sheet with necessary formulas included in each cell so that I can know how much tax should be calculated? The new package increases my basic to 37750 from 30250, and the rest of the savings and salary components are the same as in the Excel sheet.
Thanks in advance for your help.
From India, Hyderabad
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