Allowance Taxable and PF calculation - Human Resource Management Forum

mohamad · #1 (**permalink**) 07-12-2008, 10:56 AM

Hi

Just want to know which of the components are taxable and non taxable?

Also , need to ask if PF contribution from Employer is shown/reflected on employee salary structure/slip/offer letter?

Please let me know about this

vartica1 · #2 (**permalink**) 07-12-2008, 10:58 AM

Dear friend,

Profession tax is not taxable.

PF is undoubtedly shown in salary slip.

PF is also not taxable but the total deductions of this sort should be within a maximum of Rs.100000.

Vartica

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