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computation of TDS on salary

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(Querist)
28 June 2011 please advice,which amout of salary is taxabl,net salary or,salary including PE,and ESIC contribution (Employee's contribution,)
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ABHISEK TOSNIWAL

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ABHISEK TOSNIWAL (Expert)
29 June 2011 Gross salary is taxable after deduction of P.f. paid by employee and other deductions under chapter V1A.

Regards
Abhisek Tosniwal
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CA Navin Jain

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CA Navin Jain (Expert)
30 June 2011 Mr. Ram..
For calculating taxable salary you have to deduct some exempt salary component (such as HRA, Conveyance Allowance, Medical Reimbursement etc.) and deduction under chapter VIA (such as LIC, Housing Loan Repayment, Children's Tuition Fees, Investment in NSC, FD of 5 yrs or more, Medical Premium, Interest on Education Loan etc.)

So, wihtout detailed figure of your salary and above mentioned items, I cannot simply advise you about your taxable income...
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