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Hi,

I need to calculate the tax liability of a male person whose salary breakdown is as follows. Can anybody please help me out to calculate the tax for him?

Basic: 33000
HRA: 16500
Travelling Allowance: 2000
Special Allowance: 14500

This individual is living in a non-metro city and pays 12000 per month as house rent. Also, please consider the LIC premium as 1 lakh.

Thanks

From India, Mumbai
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Hi, You can use the template enclosed to calculate the tax. This was posted by one of the cite hr member long time ago. Regards Vijayakumar
From India, Coimbatore
Attached Files (Download Requires Membership)
File Type: xls bkp_taxcalc_2008_167.xls (142.0 KB, 409 views)

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