WebAnnual income tax = approximately Rs. 78,000 as per new tax regime. The net annual take-home salary as per old tax regime will therefore be: = CTC – tax – EPF contribution = 10L – 28,475 – 21,600 = Rs. 9,49,924; The net annual take-home salary as per new tax regime will therefore be: = CTC – tax – EPF contribution = 10L – 78,000 ... WebIf you are simply given a housing allowance and you pay your own rent, then the entire amount is taxable at normal income tax rates. If however, the lease is held in the name of …

Tax Guide: Learn How You Can Pay Zero Tax PNB MetLife

WebProfessional Tax: It is the tax levied and collected by the state governments in India. It is a direct tax and the maximum amount payable per year is INR 2,500. Calculating the salary … WebAdvisory: Information relates to the law prevailing in the year of publication/ as indicated .Viewers are advised to ascertain the correct position/prevailing law before relying upon … high bridge school nj

India In-Hand Salary Calculator (Pay Slips, Monthly Tax) - India

WebWe would like to show you a description here but the site won’t allow us. WebAdvisory: Information relates to the law prevailing in the year of publication/ as indicated .Viewers are advised to ascertain the correct position/prevailing law before relying upon any document. Disclaimer:The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in … WebMar 29, 2024 · 2.—. (1) In these Regulations, unless the context otherwise requires —. “customs territory” has the same meaning as in section 3 (1) of the Customs Act 1960; [S … highbridge schools