can any one help on what will be the actual tax deduction on the following package for 2010-2011

Basic Salary 25000 House Rent Allowance 12500 Transportation Allowance 900 Special Pay Allowance 12817 Gross Salary 51217 Medical Reimbursement 1800 Conveyance Reimbursement 1500 Communication Reimbursement 1445 Current Cost of Medical Insurance 500 Company's Contribution to Provident Fund 3000 Cost to Company 59462 TVP (@10%)/ Ex-Gratia/ Statutory Bonus 5121 Gratuity 2083 Total Target Remuneration 66666

asked Mar 11 '11 at 23:37 by kplkpr 111

Please download and use Income Tax Calculator for 2010-11

answered Mar 12 '11 at 00:55 by Pankaj Batra 5.2k320


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Asked: Mar 11 '11 at 23:37

Seen: 1,387 times

Last updated: Mar 12 '11 at 00:55