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Calculate gross salary ??

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(Querist)
19 October 2012 1. Net salary (after deduction of TDS and own contribution@15% to recognised provident fund) Rs.118900/-
2. TDS Rs.4350/-
3. Employers contribution to recognised provident fund-Rs.21750/-

calculate employees contribution to RPF and gross salary.
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@VaibhavJ

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@VaibhavJ (Expert)
19 October 2012 Hi

Net..............Rs..118900
+ TDS............Rs....4350
Net @85%.........Rs..123250

So net 100%.= Rs.123250 x 100/85
which is....= Rs.145000

Rgds//Vaibhav

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