What will be in hand salary ? How much tax will be deducted ?
80C - 150000, House Rent Deduction - 96000
Will the tax on the Fixed Project Allowance be deducted at a different rate than the tax calculated on the total income ?

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HRA may not be 96k it can be like 68k per annum which is defined in payslip ..please check again

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Approx 125-130 you will get

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You will get after tax, pf decuction..

Ok the specific question here is,
How the tax on the monthly FPA be deducted ?

Say in this case as the total salary falls under the highest slab, will the 30% of 150,000 be deducted as tax per month, as this is not part of the annual CTC ?

Tax computation will be done monthly.. since your project pay comes in payslips, the total of fixed plus project pay will be used in tax computation..

I did not receive Project Pay column in my Salary structure. Does anyone know why is it different?

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