Scribd Logo
Upload

Welcome to Scribd!

  • Tax Calculation

    Uploaded by

    Abhishek Bhatnagar
    19 views2 pages
    This document appears to contain payroll and tax information for an individual. It lists amounts for items like CTC, PF, 80C, HRA exemption, fuel allowance, and other deductions. It then calculates taxable income, tax amount, and net income after accounting for various deductions and exemptions allowed under India's tax code. The taxable amounts and calculations provide a summary of this individual's tax filing information and tax liability.

    Original Description:

    to be used

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document appears to contain payroll and tax information for an individual. It lists amounts for items like CTC, PF, 80C, HRA exemption, fuel allowance, and other deductions. It then calculates taxable income, tax amount, and net income after accounting for various deductions and exemptions allowed under India's tax code. The taxable amounts and calculations provide a summary of this individual's tax filing information and tax liability.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    19 views2 pages

    Tax Calculation

    Uploaded by

    Abhishek Bhatnagar
    This document appears to contain payroll and tax information for an individual. It lists amounts for items like CTC, PF, 80C, HRA exemption, fuel allowance, and other deductions. It then calculates taxable income, tax amount, and net income after accounting for various deductions and exemptions allowed under India's tax code. The taxable amounts and calculations provide a summary of this individual's tax filing information and tax liability.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Increment 1.

    2
    HRA
    CTC 1500000 30000
    PF 72000 600000
    80C 150000 25000
    HRA exemp 240000
    Fuel 28800
    Sodexo 26400 2200
    Mobile 0 0
    Deduction 40000
    Taxable Income 942800 0
    88560
    12500
    101060 8421.7
    360000
    300000
    240000

    1428000 119000
    6000
    104578.3333
    102378.3333

    You might also like