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If sumbody hav a salary of around 250k p.m and starting date of job is 1st sep 2010 wht will be the WHT p.m
AGAR IS MEIN KOI AUR CALCULATION NA KARE JAISA K MEDICAL ALLOWANCE IS EXEMPT OF 10% OF BASIC SALARY & WITH HOLDING TAXES, AND E.T.C TO IS KA MONTHLY TAX 43,750 BANTA HAI,
SORRY 12 MONTH K HISAB SE KAR DIA, 40,000 P.M KATE GA
Or agar medical allowance 10% less kar k calculation ki jaye to annual tax 337500 ho ga, or monthly WHT 33750 ho ga
Guys...Salary started from 1-sep-2010 tu us calculation mein farq nahe aaye ga???? also note there are no other benefits....Basic=Gross..

What i've calculated for 10 months is 52500...pls re-check and confirm2
nahi aap ne salary income to 12 se multiply kia hai, salary income 10 se multiply hoga, phir us pe tax lage ga, meri aur laptop bahi ki calculation sahi hai.
so wht you mean is salary calculation will be

Step 1
Salary x (no. of months) means 32000 x 10 = 320000

Step 2
Check the Tax Rate which will be (0.75)

Step 3
Multiply both (320000 x 0.75 = 2400) Divided by 10 (months), therefore monthly tax will be 240 p.m.

Am i Right?
secondly i the above procedure is right than what will happen if sumbody joins co in jan 2011...tht will leave the remaining period of 6 months if salary is same. tht will lead to annual income below 300000/- per annum. how to calculate his tax. kindly provide an example as well if it is possible....
If salary income is less then 300000 in a year(Financial Year) there is no Income Tax ...
Dear Laptop Bhai your suggestion is required
Smahnz Bhai, Employer jitni salary day ga employee ko usi par tax deduct karny ka paband hay, agar 12 months ki salary day ga to us par agar 2 months ki day ga to us par,

Par jab tax adjustment ki baat aati hay to employer jab tax employee ko tax adjustment nahi day sakta jab tak k employee undertaking na day no other income ka, agar ap ko employee undertaking dayta hay k meri koi or income nahi hay to jo salary ap nay usy di usi par tax liability nikal kar usy tax adjustment day sakty han,

Baz dafa aysa hota hay k 1 employee 6 mahiny 1 employer k pass kam karta hay or 6 mahiny dosry employer k pass, dono employer sirf usi salary par tax deduct karyn gay jo unhon nay pay ki ho gi, par employee ki tax liability zayada ho gi kyon k jab wo apni dono salaries ko add kary ga to tax rate tabdil ho jaye ga, is surat may employee ki liability hay k wo apni actual tax liability pay kary.

Employee ye bhi kar sakta hay k apny naye employer ko undertaking day day k meri is tax year may pahly ki income bhi hay or us par tax bhi withheld howa hay, ab employer us income ko bhi add kar lay ga us income may jo wo pay kar raha ho ga employee ko phir tax liability nikaly ga.
AOA can u send me employees salary sheet for pvt org i will be thnk full to u , silent_eyes@.com on my email
ap nay apna email address pora nahi likha............
sry its silent_eyes135@yahoo.com send employees salary sheet i wil be thnk ful to u on excel
send me also @ sli_yah@hotmail.com
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