I'm software professional woring in software company. My salary includes basic+hra+conveyance+medical allowance+special pay+band allownace and deducation includes professional tax (Rs 200)+PF+Income tax. Of course, I'll get salary after these deduction.
I would like to know how to calcuate tax on monthly salary for cross verification? WOuld be great if you can provide me excel file/software which take information to generate tax?
it is not calculating TDS automatically! My salary slip contains very volatile tax deduction every month. For cross verification, I would like to know how they are calculating tax.
PS: My company guy's are not clarifying boz they've outsourced to other company