Regarding Salary Break Up & Hra Calculation - XLS Download

Dear Sir
Dear Sir/Madam, Please help me out.
Please give me details about the salary break up. Our Salary Components are Basic Salary HRA,MA,SP,CEA
Now please tell me how can i calculated these are all allowances and also please give me the detail about the HRA & PT slab in gujarat region.
What will be calculation of Professional Tax?
Please give me the reply as soon as possible.
Regards,
Neema Agrawal :D
4th May 2007 From India, Ahmadabad

Hi, As far HRA is concerned, it is 40% of basic (50% for metros). Tha basic is taken approx. 40% of the CTC. Regarding PT, try to get info from the IT department of Gujarat. Regards Parikshit.
4th May 2007 From India, Delhi

hra can vary frm 40-100% of basic depends on the company ,,no guideline given by any govt authority,,,,,,,,, basic is always roughly one third of ctc everywhere , amit
4th May 2007 From India, Gurgaon

hra varies frm 40-100% of basic depends on the company policies......... basic is approx one third of ctc everywhere
4th May 2007 From India, Gurgaon

Hi Neema, HRA in Gujarat will be 40% of Basic. As far as PT is concerned any CA/CS will be able to advise you on that. Let me know if you need more info. Regards, Ankit
5th May 2007 From India, Mumbai

Hi, All I hope this TAX Calculator will be useful. Please feel free to make the comment. Thanx and Regards, Megha
5th May 2007

Attached Files (Download Requires Membership)

taxcalc_2008_165.xls (143.0 KB, 1939 views)

What would be the tax effective break up for a CTC of Rs. 10.00 lakhs and Rs. 15.00 lakhs per annum. Kindly highlight those components which are exempted from the tax point of view. regards
13th June 2009 From India, Madras