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
From India, Bangalore
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From India, Bangalore
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Dear Krishnappa , Net salary ( Take home)= Gross salary - Deductions( tax , Professional Tax, Provident fund,ESI ) Hope this helps u Regards shubha
From United Arab Emirates, Dubai
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19From United Arab Emirates, Dubai
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Income tax is your personal expense. 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.
From India, Hyderabad
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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.
From India, Hyderabad
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SALARY CALCULATOR & INCOME TAX.zip
Income tax declaration & Salary structre 2012-13.xls