The new tax regime allows a salaried individual to claim a standard deduction of Rs 75,000 from the salary income. There is ...

This page includes the net pay of each employee. The table displays the basic pay, deductions, overtime, bonus and net pay of each employee. The container of this table contains two buttons mainly ...

By claiming two deductions, an individual with a gross salary of Rs 13,25,000 can bring their net taxable income down to Rs 12 lakh, making them eligible for the full tax rebate under Section 87A ...

1. Write a PHP program to create a class Employee that contains data members as Emp_Name, Dept_name , Basic_sal,DA, HRA,TA , IT,PF,PT , GROSS, DEDUCTION ,NET . It has member functions calculate_gross ...

Allowances, such as internet for home-based workers or contributions to phone usage, would also be added to the basic salary. This compares with gross salary and net salary. Companies also use the ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

The in-hand salary is the amount left over after deducting all necessary deductions and adding allowances in the basic pay. In a metro city, an NIACL Assistant could earn around Rs. 40,000 per month.