Salary computation
This query is : Resolved
patelmuzzamil
(Querist)
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
KAVIRAJA ADDANGADI
(Expert)
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.
Message likes :
1 times
Murtaza I Bhagat
(Expert)
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
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
