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Component Monthly Annual Taxable

Basic 25000 300000 Fully Taxable

HRA 12500 150000 Tax Exempt

Medical reimbursement 1250 15000 Tax Exempt

meal vuc!ers 2"00 31200 Tax Exempt

#TA $1""%""& 50000 Tax Exempt

 Transprt all'ance 1"00 1(200 Tax Exempt

)HA "00 &200 Tax Exempt

)EA 200 2$00 Tax Exempt

Medical insurance premium "*$%3333 *212 Tax Exempt

prvident +und 3000 3"000 Tax Exempt

,ratuity 1202%5 1$$30 Tax Exempt

special all'ance 3052(%*3 3""35* Fully Taxable

Fixed Pay 83333.3 1000000

-ariable .ay 16666.7 200000

 Ttal .ay 100000 1200000

-ariable pay is al'ays in t!e next cyclee / because it cmes 'it! t!e april sal

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Total Taxable amount

*""35*

*"3*5*

&$(*5*a+ter *0c deductin .rvident +und is a part + *0c

Tax amount &$(&1%"

)ess 22$(%1$* usually added a+ter s

Total tax amount &&221

i+ yur ttal tax is less t!an 200

ry% Here 'e are puttin, it in t!e same cycle +r calculatin sae

pr+essinal taxnt

applicable n all states4

urc!ar,epepleearnin, 6 1cr taxableincme

Rebatepeple earnin,bel' 5#acs4

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rc!ar,erebate

  rs yu dnt need t pay tax/ yu 'ill ,et re+und