please help to let me know as i am abt to submit the HSMP application
how to calculate the salary for earning points
My compensation letter have 3 parts
part 1 is monthly salary
part 2 is annual benfits
part 3 is total annual salary ( Sum of part 1 * 12 + part 2)
annual benifits includes Providend funds, Medical premium, Superannuation and other allowance.
MY Tax deduction certificate only shows the earned salary i.e. part 1 of the compensation letter. it doesn't show the benfits earned during the year.Although the earning from Provided fund and medical premium has not been inclued in total salary shown in tax deduction certificate but Providend Fund and Medical primium have been shown there for the purpose of getting tax rebate.
Superannuation and other allowance has not been shown in tax deduction certificate as this income is neither taxable nor we can get the tax rebate from these income.
please suggest can I claim the points based on the annual gross salary i.e. part 3, as shown in my compensation letter.
-Raj
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