Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

sir,
for exa.one salary for month rs.28000/- goss but he has no
pf and esi and pt deduct but he will pay only rent
rs.8200/- per month and insurance 16500/- so now i deduct
from his salary tds

Answer Posted / shilpa

If this sal is for Men we will calculate below way.
Total Gross Salary earned is 28000*12=336000
Less: PT Dedction Rs 200Pm 200*12=2400
Balance Taxable amt is 333600
Deduct:Insurance 16500
Balance taxable amt is 317100

For Rent calculation provide HRA amt.
will be compelted after the remaining HRA details.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is cnc machine hour rate? how it is calculated?

5076


How can you actualize cah flows of 5 years at 8%

2123


Data flow of Accounts payable to General ledger?

1735


What is the working formula for Inventory turnover

2015


What is limit of turnover for registering under CST & limit of Form 'C '

12549


What is Merger?

2365


why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?

2183


write about an e-mail to manager seeking permission for leave

4799


We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?

2306


what is circuit filter?

1901


how we will prepare n file income tax returns for individuals?explain

2166


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

4204


How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?

1871


Name the Accounting Concepts

2096


what is undisclosed profit? explain

2369