I need help in tax calculation.
I am working as a professional in an IT company. I get 720000 as gross package from the company. They will be deducting a certain amount of TDS from the monthly income.
I want to know what are the other taxes which I need to pay and how do I calculate that? Specially NET monthly income. Also is there any advantage in NET monthly salary if I take this package as a salaried person?
Thanks for any help.