hi fridends, my salary is basic -27000 Hra - 10160 uniform allowance - 2500 transportation -2500 medical exp (reimburs) --2500 food allow --2500 tele allow --1600 jornal allow--- 1000 LTA ---440 others - 340 Total salary is 52500 joined in the job from 15 th oct2010 how much tax amount is deducted and what savings to be made to avoid tax deductions suggest in which savings to be made ( eg lic , pf ...etc ) reply soon i have to submit to the hr Thanks in advance
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You can calculate tax to use the following link
/share_files/salary-tds-calculator-ay-2011-12-reloaded--33632.asp
Best tax saving scheme is LIC.
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