Hi ,
As per our company standard employee salary included with employer PF Share .
Ex: Employee Salary : 39220
PF Employer contribution : 780
Total Employee Salary : 40000/-
For income tax calculation purpose how much amount we should take for employee salary Per month 40000/- Rs Or 39220/-Rs
As well as They are deducting 780 /- Rs from my Salary also .so how much amount can i show under section 80C Pf contribution : 9360 ( 780*12 ) Or 18720 /- ( Including Employeer PF )
Give me your best suggestion for tax calculation purpose .

From India , Hyderabad
We are calculating the TDS on salary for one employee in our company. I need your help in this regard. As the employee having the two home loans. While calculating the TDS howmuch I can give the Tax exemption for Interest amount, Principle & HRA treatment.
Please suggest me on the same.
Thanks in advance for your support.
Nagesh P

From India, Bangalore
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 Cite.Co™