Incme Tax Calculation - Xls Download

bunny19
Dear all,
Please clarify the below, as it is very essential for me .kindly do needful
If a women drawing 2.5 ctc and her gross comes to 2.2
then income tax will be calculated on 2.2 according to income tax slab
is that so...
if there is 10% to be paid.. then 10% of 2.2 to be calculated
please confimr
prathimareddy
for women the tax is nill upto 1.8L. so here tax will be applicable from 1.8L to 2.5L. i.e. 10% on 70k.
Anurag Jain
Hi,
Please refer to the tax calculator and accordingly you can calculate the tax in case of male/female staff.
Anurag
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bunny19
Dear Anurag
Really am very thankful to you.
Many people posted tax calculator before, but i was hard to understand that
Your's is so simple and informative
Thanks once again
Neelima
Anurag Jain
Neelima,
Form 16 contains a declaration regarding the payment of salary as well as the details of the deduction of TDS on Salary. This is given by the employer at the end of the financial year after the filing the employer's return of TDS. In case the employee eaving from the organisation, same can be issued at an early date.
Return of Income of an individual getting salary filed on the basis of the information contained in the form 16.
Regards,
Anurag
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