Accountancy, asked by chiragmahajan3122, 2 months ago

If total deductions on a yearly salary of $ 28600 amounted to 16% how much was deducted

Answers

Answered by iSomyaTiwary20

0

Answer:

Total Deductions = Professional tax + EPF (Employee Contribution) + EPF (Employer Contribution) + Employee Insurance. Total Deductions = Rs 2,400 + Rs 21,600 + Rs 21,600 + Rs 3,000 = Rs 48,600. Take-Home Salary = Rs 7,50,000 – Rs 48,600 = Rs 7,01,400.

Explanation:

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