Sales commission format plays a significant role in companies where sales commission is given to employees in order to promote the sales. Employees are motivated to work hard for commission as it is an extra income over and above their salary. And in order to calculate the value of commission accurately, you can use a […]
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Net Worth Certificate Format
Net worth certificate certifies a person in terms of a person’s net assets. The certificate covers those fields of interest which are needed to calculate the net worth of a person as well as it contains all the details, which are required to support the data. The certificate must contain the details regarding the concerned […]
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Best IPCC Costing Theory Notes
Superb Summary… CHAPTER 1 BASIC CONCEPTS Student’s Tip – Students should prepare this chapter thoroughly from two view points, namely, one in every examination some marks are attributed to this chapter and two, unless students understand the concepts discussed here, they will not be able to grasp the following chapters easily. SYNOPSIS : 1. […]
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HRA (House Rent Allowance) FAQs
How to Calculate HRA Income Tax Exemption? According to section 10 (13A) of Income Tax Act, 1961 read with rule 2A of Income Tax Rules, least of following three is exempt from tax: 1. Actual HRA received 2. Rent paid in excess of 10% of salary (Basic + DA) 3. 40% of salary (50% if […]
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