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Hi,
I need to calculate the tax libility of a person ( male) whose salary break up is as under, can anybody please help me out to calculate the tax for him.
Basic 33000
hra 16500
travelling allow. 2000
special allow. 14500
This guy is living in a non metro city and paying 12000 per month as house rent, and consider the LIC premium as 1 lac.
Thanks

From India, Mumbai
Hi, You can use the template enclosed to calculate the tax. This was posted by one of the cite hr member long time ago. Regards Vijayakumar
From India, Coimbatore
Attached Files (Download Requires Membership)
File Type: xls bkp_taxcalc_2008_167.xls (142.0 KB, 409 views)

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