I am krishnappa working as Executive -HR an phrama company, i wanted know take home salary, wether Income tax is included or excluded?
please help me out immediately.
thanx
krishnappa
Income tax is your personal and ence Take home means salary excluding Income tax.
Take home salary means Gross Salary less Statutory deductions like PF, ESI, Professional Tax etc.
Also, please let me know in what context you require this information. Because for taking a bank loan, going for a credit card etc.. this meaning changes.
this is just clarification to give the salary break up for new joines take home salary, therefore i need your valuble suggestion for the same
Thanks
krishnappa
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