Mr.

Alam, Director of X Limited received the following compensation package during Accounting Year
2012-13. Please calculate his Total Income from Salary

Basic salary Tk. 90,000.00 Per Month

Special Pay Tk. 25,000.00 per month for 3 months
Dearness Allowance 35% of Basic salary
Conveyance Allowance Tk. 6,500.00
House Rent Allowance Tk. 46,000.00
Medical Allowance Tk. 20,000.00. During the year Mr. Alam was under treatment and the expenses was
Tk. 2,28,000.00
Servant Allowance Tk. 5,000.00
Leave Allowance Tk. 50,000.00
Reward Tk. 45,000.00
Over Time Tk. 62,000.00
Festival Bonous 60% of two basic salary
Over Load Allowance Tk. 75,000.00
Mr. Alam is enjoying 10% Contributory Provident Fund
Mr. Alam, being retired Gov, Official received Pension of Tk. 65,000.00
In addition of the compensation above, Mr. Alam is provided with a Car for his personal use and
provided with residential accommodation . Tk. 5,000 is recovered from his saray.