Salary computation
This query is : Resolved
10 May 2016
i have law student
how make computation of salary income ( government & non -government )
full details
how make computation of salary income ( government & non -government )
full details
10 May 2016
For salary computation not make any difference for government and non government employees. Salary above 250000/- is taxable if salary up to 5 lakhs tax charged 10%, above 5 lakhs upto 10 lakh charged @20% above 10 lakh 30% is charged additional rebate Rs 5000/- for Ay 2017-18 u/s 87A for taxable income below 5 lakhs.
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11 May 2016
Agree with Kaviraja sir, Follow as said by Sir
I want to add some things,
Govt. follow Salary Period March to February and for Non Govt. Period will be April to March
I want to add some things,
Govt. follow Salary Period March to February and for Non Govt. Period will be April to March
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