Question

Pay scale 19500 to 62000 how much in hand salary

Answer 1

Answer:

In Hand Salary 16,241 - ₹ 17,916  for pay scale 19500

In Hand Salary per month  ₹ 53,724 - ₹ 55,211  for pay scale 62000

Explanation:

As per the tax slab the in hand salary is calculated. In hand salary is the amount the employee is paid after all the deductions like Insurance , EPF , professional tax if applicable.The income tax amount can be reduced by making investments in tax saving schemes like ELSS , PPF 5 YR FD with bank with in the end of financial year

In Hand Salary /year ₹ 2,14,992 , EPF₹ 8,424 ,Gratuity₹ 3,375 ,Med. Insurance₹ 7,200  

In Hand Salary₹ 6,62,532

EPF₹ 21,600

Gratuity₹ 10,730

Med. Insurance₹ 7,200

Prof. Tax₹ 2,400

Income Tax₹ 39,538

Answer 2

Answer:

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