how to calculate tds on salary
Answer / aaka
in the case of salary,TDS is deducted on the average income
tax rate of previous year and one can find it from
reference books that how it is calculated
Is This Answer Correct ? | 5 Yes | 1 No |
Hello all , I have a doubt regarding TDS.My salary ranges between 22k to 26 k per month and i have a TDS component cut every month.My doubt is that what is the % of tax ? what are the ways i can get back my TDS and what are the methods that can help reducing tax .And my another doubt is that whether the tax is calculated only on the basic pay or on the whole salary I get ? because my salary has HRA in its component ,will that also be counted in tax calculation or excluded ?
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What is calculate of tds