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I received a payslip from an organization in which the amount is divided in different ways:

Basic: 6750
HRA: 2700
Conveyance: 800
LTA-1: 563
Medical: 1250
Others-1: 1927

Here, the gross amount is 14190.

Deductions:
- P.F: 810
- Professional Tax: 100
- Income Tax: 292

The total deduction amount is 1202, resulting in a net amount of 12988.

My question is, from where is the income tax amount of Rs. 292 deducted?

From India, Ahmadabad
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Hi Sandeep, Please find attached the Tax Calculator for 2007-08. I think this will help you in getting your Query solved. Regards, Monica
From India, Delhi
Attached Files (Download Requires Membership)
File Type: xls tax_calculator_07-08_983.xls (21.0 KB, 170 views)

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