Formula of Basic Salary

0 Vote(s) - 0 Average

Formula of Basic Salary

AbdulSamad
Offline

Member

Posts: 62
Threads: 22
Joined: Feb 2007
Reputation: 0

06-10-2010, 08:56 PM

Thanks Muslim Pakistani

Actually our tax consultant exempt 10% Medical which calculation below-

100,000 gross Salary

Gross Salary - Medical Allowances
100,000 - (100,000/11)
100,000 - 9,090
90,909 x 12 = 1,090,909 is taxable income

is that correct?

« Next Oldest | Next Newest »

Users browsing this thread: 2 Guest(s)

Messages In This Thread

Formula of Basic Salary - by AbdulSamad - 06-10-2010, 06:39 PM

[No subject] - by Imran Sheikh - 06-10-2010, 08:07 PM

[No subject] - by muslimpakistani - 06-10-2010, 08:38 PM

[No subject] - by AbdulSamad - 06-10-2010, 08:56 PM

[No subject] - by hijaze - 06-14-2010, 07:22 PM

View a Printable Version
Subscribe to this thread