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Former Member
Apr 26, 2009 at 09:38 AM

PTax dedn. in a Financial year s'd be Rs. 2500

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Hi Experts,

Need your help in the following scenario:

This is regarding PTax dedn.The requirement is (in maharashtra state)--In the organization total PTax deduction in a financial year should be 2500/- deducting Rs. 200/- monthly for an employee whose gross sal. is greater than or equal to 10,000/-.

But as per the requirement only in February month ptax dedn. should be Rs. 300/- so that total dedn will become 2500/-.

As per PTax slab MH01, EE's ptax dedn. is only 2400/- , deducting 200/- per month.

Regards,

Rajesh