No
Contract labours do not get PF deduction in most cases. In the rare cases they do, it is the same 12% like permanent staff
Pl. tell me minimum basic salary/wage for pf deduction
The maximum amount for the 2022 child deduction on your taxes is 2,000 per qualifying child.
The maximum tax deduction for donation given to a charitable organization is $25,000 but this number changes all the time.
The maximum property tax deduction available for homeowners in California is 10,000 per year.
Rs 10000/-
It is a Gross salary which have no any deduction such as EOBI,PF,and medical. when it deduction from gross salary is called net salry. Regards,umar shahzad Gujjar M.COM
Pf deduction from your direct wage direct wage-your basic salary (12 percent deduction from employee,13.61 from employer).
The maximum amount of student loan interest deduction you can claim on your taxes for the year 2018 is 2,500.
The maximum deduction for a charitable bequest of the residuary estate is reduced by taxes and administrative expenses.
The maximum tax deduction for an auto donation to any charity is the full value of the vehicle donated. You can not write off more than the vehicle's full value.