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Accountancy Forum The Profession Tax v
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Tax amount

 
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Tax amount
AbdulSamad
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#5
08-24-2015, 10:40 AM
(04-16-2015, 01:48 PM)Sheraz Ahmad Wrote: In This Case 5% Rate will be Applied.....
10 %Exemption of Medical Allowance Condition will be applicable if it is clearly mention in his pay slip or Salary Certificate...
Otherwise whole amount of Gross Salary will be his Taxable Salary i.e.Rs.50,000/-P.M

Exempted Income Limit upto TY-2015 is Rs.400,000/-

Dear Sir Sheraz,

Can u provide some breif answer regarding "if it is mentioned in salary slip or certificate'? what thing mentioned basic salary should be mentioned or 10% medical allowance should be mentioned?

Regards

Abdul Samad
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Messages In This Thread
Tax amount - by genius007ufo - 11-23-2014, 09:52 AM
RE: Tax amount - by Free Practical Tax Training - 12-25-2014, 05:13 PM
RE: Tax amount - by Jay - 02-19-2015, 02:14 PM
RE: Tax amount - by Sheraz Ahmad - 04-16-2015, 01:48 PM
RE: Tax amount - by AbdulSamad - 08-24-2015, 10:40 AM

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