If the CTC of a person is 2600000 then how to calculate gross salary and inhand salary of the employee, with 30% tax deduction.
From India, Chennai
Asso.prof.(commerce & Management)

Hi PreranaT,
Pl.indicate the components of CTC and quantum per each classification (break-up) finalised. Also state say whether he is covered/contributing under EPF, health insurance, incentives-fixed and variables etc. Presumed to be employed in TN if yes PT applicable?? In order to calculate Take Home pay, you need to spell out the components of Deductions as well. IT+Cess is rightly applicable.

From India, Bangalore

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