Hi, How to calculate the income tax - period of months - like FEB to Mar or Mar to Feb ?
From India, Madras
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Income Tax Calculation Period
Many companies and government organizations calculate income tax from March to February. In February, all income tax calculations are finalized and closed, and salaries for the month of March are typically paid in April. Therefore, the salary of March 11th corresponds to the financial year 2011-2012.
From India, Madras
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3Many companies and government organizations calculate income tax from March to February. In February, all income tax calculations are finalized and closed, and salaries for the month of March are typically paid in April. Therefore, the salary of March 11th corresponds to the financial year 2011-2012.
From India, Madras
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Income Tax Calculation 2009-10 - Salaries.xls