Hi All, Recently I joined in a placement consulting. I'm supposed to create the salary breakups like Basic, HRA, DA etc., I was very much comfortable with this because all the employees are recruiters and CTC is not > 15k.
Recently we have a new joinee (Male) with 35k. Can anybody please help me in salary bifurcation? n....... one more thing.. How to calculate IT (Income Tax)? What is the procedure for calculating IT? on which basis do we take it is it Basic+HRA+da (or) Basic+DA?
Please help me out....send the bifurcation procedure to my ID.
Thanks in advance!
Priyanka
Recently we have a new joinee (Male) with 35k. Can anybody please help me in salary bifurcation? n....... one more thing.. How to calculate IT (Income Tax)? What is the procedure for calculating IT? on which basis do we take it is it Basic+HRA+da (or) Basic+DA?
Please help me out....send the bifurcation procedure to my ID.
Thanks in advance!
Priyanka