Indian Salary Calculator

Indian Salary Calculator is an easy way to calculate salary for year 2017-2018 and 2018-2019.

Following are the strp to calcluate the indian salary

1. Calculate Gross Salary:

First Calculate the Gross salary. Gross Salary is calculated by subtracting the Employer's contribution Provident Fund contribution(EPF) and Gratuity from Cost to Company(CTC).

Gross Salary = Cost to Company(CTC) - Employer's PF Contribution(EPF) - Gratuity.

2. Calculate Taxable Income: Taxable income is calculated by subtracting Conveyance Allowance, House Rent Allowance(HRA), Leave Travel Allowance(LTA) Professional Tax, Medical Bills, Medical Insurance, Tax Saving Investments .

Taxable Income = Gross Salary - Employee's PF Contribution(PF) - Conveyance Allowance - HRA - LTA - Medical Bills - Medical Insurance - Tax. Saving Investments - Other Deductions.

3. Calculate Income Tax: Calculate Income Tax based on income Tax Slabs and rates.

Following are the INCOME TAX SLAB

2017-2018 AND 2018-2019

Rs 0 - Rs 2,50,000 0%

Rs 2,50,000 - Rs 5,00,000 5%

Rs 5,00,000 - Rs 10,00,000 20%

Rs 5,00,000 ABOVE 30%

Additioanl TAX:

2% Educational cess and 1% Higher and Secondary cess ON INCOME TAX.

4. Calculate Take Home Salary; Subtract the Income Tax, Provident Fund (PF) and Professional Tax from the Gross Salary

Take Home Salary = Gross Salary - Income Tax - Employee's PF Contribution(PF) - Prof. Tax.

India Gaji Kalkulator adalah cara yang mudah untuk mengira gaji untuk tahun 2017-2018 dan 2018-2019.

Berikut adalah strp untuk calcluate gaji indian

1. Kira Kasar Gaji:

Pertama Kira gaji Kasar. Gaji kasar dikira dengan menolak caruman Kumpulan Wang Simpanan sumbangan majikan (KWSP) dan bayaran pampasan dari kos Syarikat (CTC).

Gaji kasar = Kos kepada Syarikat (CTC) - Majikan PF Caruman (KWSP) - Ganjaran.

2. Kira Pendapatan kena cukai: Pendapatan boleh cukai dikira dengan menolak Elaun, Elaun Rent House (HRA), Elaun Perjalanan Cuti (LTA) Cukai Professional, Bil Perubatan, Insurans Perubatan, Saving Investments Cukai.

Kena cukai Pendapatan = Kasar Gaji - Pekerja PF Sumbangan (PF) - Elaun - HRA - LTA - Bil perubatan - Insurans Perubatan - Cukai. Penjimatan Investments - Potongan lain.

3. Kira Cukai Pendapatan: Kira Cukai Pendapatan berdasarkan pendapatan Cukai Slabs harga.

Berikut adalah SLAB CUKAI PENDAPATAN

2017-2018 DAN 2018-2019

Rs 0 - Rs 2,50,000 0%

Rs 2,50,000 - Rs 5,00,000 5%

Rs 5,00,000 - Rs 10,00,000 20%

Rs 5,00,000 ATAS 30%

CUKAI Additioanl:

2% ses Pendidikan dan 1% lebih tinggi dan ses Menengah ON CUKAI PENDAPATAN.

4. Kira Ambil Laman Gaji; Tolak Cukai Pendapatan, Kumpulan Wang Simpanan (PF) dan Cukai Professional daripada Gaji Kasar

Mengambil Home Gaji = Kasar Gaji - Cukai Pendapatan - Pekerja PF Sumbangan (PF) - Prof. Cukai.