Salary Rules

Heads Rules
House Rent 50% of basic Salary
Or which is less will be exempted (Non-taxable)
Tk. 300000 annually
 Amount(% of B.S) given in question will be in total income column
 Exampted amount will be in Non taxable column
 Then the difference amount between total income & Non taxable
will be taxable
Conveyance  Amount given in question will be in total income column
allowance  Exampted amount will be in Non taxable column
 Then the difference amount between total income & Non taxable
will be taxable
Received in cash:
Highest 30000 will be exempted (Have to write it in Non-taxable
column). If the amount exceed 30000 then have to give tax
Facility provided for personal use:
5% of basic salary
Or which is higher will be exempted (Non-taxable)
Tk. 60000
Allowance with facility:
Main Conveyance + Facility Conveyance
Medical 10% of basic salary
Allowance Or which is less will be exempted (Non-taxable)
Tk. 120000 annually
 Amount given in question will be in total income column
 Exampted amount will be in Non taxable column
Then the difference amount between total income & Non taxable will
be taxable
Dearness % of Basic Salary (% will be given in question) => fully taxable
allowance
Festival 2 festival bonus will be taxable
allowance Boishakhi bonus will be exempted (Non-taxable)
Rent free Rental value given in question
accommodation Or Lower one fully taxable
25% of Basic Salary
RPF % of Basic Salary (% will be given in question) fully taxable
Interest on  Amount given in question will be in total income column
RPF  Exampted amount will be in Non taxable column
 Then the difference amount between total income & Non taxable
will be taxable
Interest on RPF @ %
Or which is less will be exampted
1/3 of Basic Salary
Interest on RPF @ 10%
= (amount ÷ % x 14.5) = (2000 ÷ 10 x 14.5)
Special Will be fully exempted (Non-taxable)
allowance
Entertainment Fully taxable which is given in question
allowance
Fees & Fully taxable which is given in question
Commission
Servant Fully taxable which is given in question
allowance
Pension Fully exempted which is given in question
Gratuity  If the amount is more than 2.5 core, then that will fully taxable
 If the amount is less than 2.5 core, then that will fully exempted
Lunch/Tiffin  If company provide then that will be exempted
Allowance  If provide extra cash for this then that will be taxable
Overtime Fully taxable

 Basic Salary
Explanation 1:
If the basic salary of Mr. X is Tk. 10,000 per month then the Total annual basic
salary will be,
 (10000 x 12) = 1,20,000
Explanation 2:
If Mr. X has withdrawn monthly salary of tk. 7000 on July 2016 in the scale of
tk. 6000-200-10000 and his date of yearly salary increment falls on March 1;
his basic salary for the income year 2016-17 will be computed as following:
 From 01.07.2016 to 28.02.2017 (for 8 month) is 7000 = 56000
 From 01.03.2017 to 30.06.2017 (for 4 month) is [(7000 + 200) x 4] = 28800
Total basic salary = (56000 + 28800) = 84800

Explanation 3:
If Mr. X has withdrawn monthly salary of tk. 7000 on June 2017 in the scale of
tk. 6000-200-10000 and his date of yearly salary increment falls on March 1;
his basic salary for the income year 2016-17 will be computed as following:
 From 01.07.2016 to 28.02.2017 (for 8 months) 6800 = (6800 x 8) = 54400
 From 01.03.2017 to 30.06.2017 (for 4 month) 7000 = (7000 x 4) = 28000
Total basic salary = (54400 + 28000) = 82400

Explanation 4:
If Mr. X has withdrawn monthly salary of tk. 7000 on July 2016 in the scale of
tk. 6000-200-10000 and his date of yearly salary increment falls on March 26;
his basic salary for the income year 2016-17 will be computed as following:
 From 01.07.2016 to 28.02.2017 (for 8 months) 7000 = (7000 x 8) = 56,000
 For March [(7000 x 25/31) + (7000 x 6/31)] = (5645.16 + 1393.55) = 7039
 From 01.04.2017 to 30.06.2017 (for 3 month) 7200 = (7200 x 3) = 21,600
Total basic salary = (56000+7039+21600) = 84,639