Exclusive HOLI Discounts!
Get Courses and Combos at Upto 50% OFF!
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sreejith s (Senior Project Manager)     24 October 2014

Meaning of gross salary

I would like to know what gross salary exactly means and what are all the components which it comprises.

and also what exactly "salary as per provisions contained in sec 17(1) means ? can "employer contribution of PF"  also be included in this section while calculating in form16? 



Learning

 1 Replies

Env Coord (.)     15 November 2014

Kindly refer to the below link :

https://salarycalculator.co.in/

Fill in the Monthly Basic Pay & Yearly CTC, you will get a break-up of entire salary component such as PF,Gratuity,Gross salary,Income Tax Liability etc.

In case you need more clarifications,fill in the exemptions like Home Loan Interest paid,Insurance,Medical Bills,Investment in Infra-bonds,savings A/c interest upto Rs.10,000/- etc.



Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register