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Daimler Truck Innovation Center India Hii folk, I need to ask one thing, as we know IT deduction is calculated on yearly net income, so let suppose i was getting 40000 half of the year (previous company) and rest of the year i got 100000 in hand. So my IT will be calculated on 6*100000+ 40k*6. At the FY closer. What would be the tax slab calculated for this, and if i get joining bonus what would be the tax on that. I need to ask slab will be calculated on 8.4 lakh or 12lpa net that new company has offered. Plz let me know. Daimler T
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