10-21-2003, 04:33 PM
Mr Zubair
The best structure will be annualy there will be as under
Basic Salary 200000
House Rent Allowance 80000
Utility Allowance 20000
__________
Total Salary 300000
Taxabel will be basic salary i.e 200000
and tax payable will be
8050 i.e 671 per month an dthis tad will be deducted by the employer at the time of making payment and will be deposited in the government treasury through tax payment challan simaltaneously
Hope the above will solve your purpose
attiq
The best structure will be annualy there will be as under
Basic Salary 200000
House Rent Allowance 80000
Utility Allowance 20000
__________
Total Salary 300000
Taxabel will be basic salary i.e 200000
and tax payable will be
8050 i.e 671 per month an dthis tad will be deducted by the employer at the time of making payment and will be deposited in the government treasury through tax payment challan simaltaneously
Hope the above will solve your purpose
attiq
