Friend, Your are an expert on computer application but your friend nothing. Now give me two gift for the day.
Give the formula :- 1. How I put in Excel with 3% increment from July ( periodical Increment).
2. How I put if function in Excel for calculation of P.Tax (W.B. Rate).
Now I am awaiting . with regards.
Thanks dear friend for calling me an expert though I am not the same
2. How I put if function in Excel for calculation of P.Tax (W.B. Rate).
say you have the gross amount in Cell A1.
Formula: =IF(A1>=40000,200,IF(A1>=25000,150,IF(A1>=15000,130,IF(A1>=9000,110,IF(A1>8000,90,IF(A1>7000,50,IF(A1>6000,45,IF(A1>5000,40,30))))))))
How I put in Excel with 3% increment from July ( periodical Increment).
Actually this is not possible through a single formula. As we know necessity is the mother of invention, I tried to create it and succeeded. I am uploading herewith an excel sheet which will give you clear directions and help you in this regard.