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Salary Tax Calculation

Name: Ujjal
Position:
Gender:
Martial Status:
Monthly Basic Salary (A)
Monthly allowances (B)
Total Monthly Salary [C = (A + B)]
Number of Months of work in a year (D)
Total Annual salary [E = (C * D)]
Dashain Allowance (a)
Overtime (b)
Provident Fund (Employer Contribution) (c )
Total Assessable Income [ F = E + a +b + c]
Less:
contribution to retirement fund (d)
life insurance premium (e) {max 20000}
remote area allowance (f)
Total Taxable Income [G = F - d - e - f]
Tax calculation
1% for first 250000 for individual and 300000 for couple (SST)
15% for next 100000
25% tax on next remaining on 25 lakhs
25% on exceeding 25 lakh
40% on tax of exceeding 25 lakh
TOTAL TAX (H)
Less: female tax rebate of 10% for single women (10% of H)
less: Medical tax credit
Final Total payable Annual Tax
Monthly Tax

#DIV/0!

Salary Tax Calculation


Name: Ujjal
Position:
Gender:
Martial Status:
Monthly Basic Salary (A)
Monthly allowances (B)
Total Monthly Salary [C = (A + B)]
Number of Months of work in a year (D)
Total Annual salary [E = (C * D)]
Dashain Allowance (a)
Overtime (b)
Provident Fund (Employer Contribution) (c )
Total Assessable Income [ F = E + a +b + c]
Less:
contribution to retirement fund (d)
life insurance premium (e) {max 20000}
remote area allowance (f)
Total Taxable Income [G = F - d - e - f]
Tax calculation
1% for first 250000 for individual and 300000 for couple (SST)
15% for next 100000
25% tax on next remaining on 25 lakhs
25% on exceeding 25 lakh
40% on tax of exceeding 25 lakh
TOTAL TAX (H)
Less: female tax rebate of 10% for single women (10% of H)
less: Medical tax credit
Final Total payable Annual Tax
Monthly Tax

25,000.00
1,150.00
26,150.00
12.00
313,800.00
313,800.00

313,800.00

2,500.00
9,570.00
12,070.00
12,070.00
1,005.83
519.14

Salary Tax Calculation


Name: Ujjal
Position:
Gender:
Martial Status:
Monthly Basic Salary (A)
Monthly allowances (B)
Total Monthly Salary [C = (A + B)]
Number of Months of work in a year (D)
Total Annual salary [E = (C * D)]
Dashain Allowance (a)
Overtime (b)
Provident Fund (Employer Contribution) (c )
Total Assessable Income [ F = E + a +b + c]
Less:
contribution to retirement fund (d)
life insurance premium (e) {max 20000}
remote area allowance (f)
Total Taxable Income [G = F - d - e - f]
Tax calculation
1% for first 250000 for individual and 300000 for couple (SST)
15% for next 100000
25% tax on next remaining on 25 lakhs
25% on exceeding 25 lakh
40% on tax of exceeding 25 lakh
TOTAL TAX (H)
Less: female tax rebate of 10% for single women (10% of H)
less: Medical tax credit
Final Total payable Annual Tax
Monthly Tax

25,000.00
1,150.00
26,150.00
12.00
313,800.00
313,800.00

313,800.00

2,500.00
9,570.00
12,070.00
12,070.00
1,005.83
519.14

Salary Tax Calculation


Name: Ujjal
Position:
Gender:
Martial Status:
Monthly Basic Salary (A)
Monthly allowances (B)
Total Monthly Salary [C = (A + B)]
Number of Months of work in a year (D)
Total Annual salary [E = (C * D)]
Dashain Allowance (a)
Overtime (b)
Provident Fund (Employer Contribution) (c )
Total Assessable Income [ F = E + a +b + c]
Less:
contribution to retirement fund (d)
life insurance premium (e) {max 20000}
remote area allowance (f)
Total Taxable Income [G = F - d - e - f]
Tax calculation
1% for first 250000 for individual and 300000 for couple (SST)
15% for next 100000
25% tax on next remaining on 25 lakhs
25% on exceeding 25 lakh
40% on tax of exceeding 25 lakh
TOTAL TAX (H)
Less: female tax rebate of 10% for single women (10% of H)
less: Medical tax credit
Final Total payable Annual Tax
Monthly Tax

25,000.00
1,150.00
26,150.00
12.00
313,800.00
313,800.00

313,800.00

2,500.00
9,570.00
12,070.00
12,070.00
1,005.83
519.14

Salary Tax Calculation


Name: Ujjal
Position:
Gender:
Martial Status:
Monthly Basic Salary (A)
Monthly allowances (B)
Total Monthly Salary [C = (A + B)]
Number of Months of work in a year (D)
Total Annual salary [E = (C * D)]
Dashain Allowance (a)
Overtime (b)
Provident Fund (Employer Contribution) (c )
Total Assessable Income [ F = E + a +b + c]
Less:
contribution to retirement fund (d)
life insurance premium (e) {max 20000}
remote area allowance (f)
Total Taxable Income [G = F - d - e - f]
Tax calculation
1% for first 250000 for individual and 300000 for couple (SST)
15% for next 100000
25% tax on next remaining on 25 lakhs
25% on exceeding 25 lakh
40% on tax of exceeding 25 lakh
TOTAL TAX (H)
Less: female tax rebate of 10% for single women (10% of H)
less: Medical tax credit
Final Total payable Annual Tax
Monthly Tax

30,000.00
1,150.00
31,150.00
12.00
373,800.00
30,000.00
37,380.00
441,180.00

37,380.00
403,800.00

2,500.00
15,000.00
13,450.00
30,950.00
30,950.00
2,579.17
1,331.18

Salary Tax Calculation


Name: Ravi Prasad
Position: Officer
Gender: Male
Martial Status: Couple
Monthly Basic Salary (A)
Monthly allowances (B)
Total Monthly Salary [C = (A + B)]
Number of Months of work in a year (D)
Total Annual salary [E = (C * D)]
Dashain Allowance (a)
Overtime (b)
Provident Fund (Employer Contribution) (c )
Total Assessable Income [ F = E + a +b + c]
Less:
contribution to retirement fund (d)
life insurance premium (e) {max 20000}
remote area allowance (f)
Total Taxable Income [G = F - d - e - f]
Tax calculation
1% for first 250000 for individual and 300000 for couple (SST)
15% for next 100000
25% tax on next remaining on 25 lakhs
25% on exceeding 25 lakh
40% on tax of exceeding 25 lakh
TOTAL TAX (H)
Less: female tax rebate of 10% for single women (10% of H)
less: Medical tax credit
Final Total payable Annual Tax
Monthly Tax

55,000.00
5,000.00
60,000.00
9.00
540,000.00
60,000.00
54,000.00 assume 10% PF Contribution by employer
654,000.00

54,000.00
15,000.00 assume insurance premium for the year paid 15000
585,000.00

3,000.00
15,000.00
46,250.00
64,250.00
64,250.00
7,138.89

300,000.00
100,000.00
185,000.00
585,000.00

Salary Tax Calculation


Name: Kumari
Position: officer
Gender: Female
Martial Status: Single
Monthly Basic Salary (A)
Monthly allowances (B)
Total Monthly Salary [C = (A + B)]
Number of Months of work in a year (D)
Total Annual salary [E = (C * D)]
Dashain Allowance (a)
Overtime (b)
Provident Fund (Employer Contribution) (c )
Total Assessable Income [ F = E + a +b + c]
Less:
contribution to retirement fund (d)
life insurance premium (e) {max 20000}
remote area allowance (f)
Total Taxable Income [G = F - d - e - f]
Tax calculation
1% for first 250000 for individual and 300000 for couple (SST)
15% for next 100000
25% tax on next remaining on 25 lakhs
25% on exceeding 25 lakh
40% on tax of exceeding 25 lakh
TOTAL TAX (H)
Less: female tax rebate of 10% for single women (10% of H)
less: Medical tax credit
Final Total payable Annual Tax
Monthly Tax

55,000.00
5,000.00
60,000.00
9.00
540,000.00
60,000.00
54,000.00 assume 10% PF Contribution by employer
654,000.00

54,000.00
20,000.00 assume insurance premium for the year paid 25000
580,000.00

2,500.00
15,000.00
57,500.00
75,000.00
7,500.00
67,500.00
7,500.00

250,000.00
100,000.00
230,000.00
580,000.00