Help required in Manual Calcuation of Tax

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Help required in Manual Calcuation of Tax

Hello Team,

Can someone provide me the manual tax calculation for the below CTC?

Annual CTC – 1550000

Basic Pay – 40000 Per Month
HRA Received – 16000 Per Month
Rent Paid – 21000 Per Month (Non Metro)
Sodexo – 24000 (Availing this and it is included in CTC)
Broadband & Phone – 24000 (Availing this and it is included in CTC)
PF Deduction – 4800 Per Month

I know there are lot of tax calculators available in the site.. But I would like to understand in detail so that I believe this manual tax calculation will help me. Thanks in advance.

Profile photo of Karthick Asked By: Karthick 1 replies 1 helpful answers Last Updated: 3 months, 1 week ago
  • Profile photo of KarthickKarthick
    Participant

    Hello Team,

    Can someone provide me the manual tax calculation for the below CTC?

    Annual CTC – 1550000

    Basic Pay – 40000 Per Month
    HRA Received – 16000 Per Month
    Rent Paid – 21000 Per Month (Non Metro)
    Sodexo – 24000 (Availing this and it is included in CTC)
    Broadband & Phone – 24000 (Availing this and it is included in CTC)
    PF Deduction – 4800 Per Month

    I know there are lot of tax calculators available in the site.. But I would like to understand in detail so that I believe this manual tax calculation will help me. Thanks in advance.

  • Profile photo of Shweta RabadeShweta Rabade
    Moderator

    Tax Forum being a public platform, we will not be able to help you with a personalized calculation of the taxes. Requesting you to create an account on the link below and a dedicated tax expert will help you with the detailed tax calculation.

    https://www.hrblock.in/income-tax-services/online-income-tax-return-preparer.aspx

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