Hi Experts,
How are the values in the FORM 16 SUMMARY in the standard indian payslip calculated?
In the standard Indian payslip we have the Form 16 summaries
Gross salary
Balance
Standard Deduction
Aggregate deductions etc...
Kindly tell me how are these values calculated ?
Is it calculated on the Gross amount or the net amount?
please reply its very urgent
thanks and regards
uday