Add up Salary, Allowances (to the extent taxable), Perquisites (as valued)
Minus Standard Deduction (which is Rs.50,000 for Financial Year 2019-20)
Minus Tax on Employment (it is prevalent in some states)
This is my salary income
Add up Salary, Allowances (to the extent taxable), Perquisites (as valued)
Minus Standard Deduction (which is Rs.50,000 for Financial Year 2019-20)
Minus Tax on Employment (it is prevalent in some states)
This is my salary income