Mr. Harish is employed at a salary of 6200 per month. He is also getting a D.A of 2800 per month. He received 5000 as bonus, on 30-5-2017. He retired from His services. He had service of 29 years and 5 month. He received 200000 as gratuity under the payment of gratuity act. Compute his taxable gratuity for assessment year 2018-19.
Answers
Answered by
0
Answer:
The method to calculate your salary as per the 7th CPC is simple. The salaries are obtained by multiplying the existing basic pay by a factor of 2.57 and the figure so arrived will be added to all the applicable allowances such as Transport Allowance (TA), House Rent Allowance (HRA), Medical Allowance, etc.
Similar questions