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Hello Everybady....
Please send me complete formula for calculate salary.
ex. i just want to give net 60000 salary p.m. to my employee.
so how to calculate all the taxes?
how to generate salary?
i m very confuse about salary calculation.
Thank You.
Regards,
Sanjay Pansuriya

From India, Ahmadabad
some answers for ur questions?
From India, Secunderabad
Attached Files (Download Requires Membership)
File Type: xls proposed%20Slary_breakup_157(1)(1).xls (22.0 KB, 14623 views)

You can calculate your tax liabilty with the help of this calculator. regards Ramesh S Chennai
From India, Madras
Attached Files (Download Requires Membership)
File Type: xls Income tax calculator-2009-10-new.xls (67.5 KB, 6424 views)

We are confused please clarify:
In the salary calculation sheet(proposed%20Slary_breakup_157(1)(1).xls ) you have mentioned Basic @59.40 of gross and while calculating Basic you have changed the formula, we have checked by above formula (@59.40 of basic) but it is different from your calculation. whether it should be 58.23% of gross. Our id is

From India, Mumbai
How to calculate Basic, HRA Edu All, Trans All, Flexi Income, Med. All etc. from CTC
From Hong Kong
Dear Sir,
Greetings for the day,
As just went through your post for 2008-09 tax calculator the same is very simplified in magnificent manner now please forward me the same applicable as on today for the year 2014-15.
As the slab been changed , pl do support the same shall be appreciated pl forward me the said sheet on below mentioned mail id.
regards
daniel
8552000963

From India, Chakan
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