Hi Fishes,
Can anyone please help me in calculating in-hand salary?
I have 1.5lac investment under 80C
and 96k for house rent

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1.1 to 1.8

And after having investment of 1.5 lac under 80C and 96K for house rent?

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Hi fishes,

Can someone please tell what could be in hand salary for this compensation??

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Hello fishes,
Please help me with my in-hand salary calculation.

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Hi guys. Quite tensed regarding the tax that I would need to pay for my salary. So I have posted my offered compensation by IBM .
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What will be my in-hand salary?
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What would be the in-hand salary?

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Hey everyone !

Need help to understand this.

Components:
Basic: 10,00,000
HRA: 6,00,000

HRA excemption Calc:
1. Provided by Company: 6,00,000
2. 40% of Basic: 4,00,000
3. Rent - 10% of Basic: Rent- 1,00,000

For tax exception, min of these will be considered.

Ques: Can I claim my entire HRA exemption of 4,00,000 (as per option 2) by showing annual rent of 5,00,000 ?
P.S.- I am staying at home with my parents and I can transfer the rent to my parents.

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