if my salary is 21855 per month for finicial year april 2011-
march 2012 what tax will be deduct

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if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / lavy goel

monthly salary = 21855
annual salary = 21855 * 12 = 262260/-
as per India TDS rule no tds will be deducted on annual
salary =>180000
so total annual salary 262260-180000 = 82260/-
TDS 82260*10% = 8226/-
and per month = 685.50/-

Is This Answer Correct ?    14 Yes 3 No

if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / pankaj kumar

monthly salary = 21855
annual salary = 21855*12 = 262260/-
as per India TDS rule on TDS will be deducted on annual salary
=>180000
so total annual salary 262260-180000 = 82260/-
TDS 82260*10.3% = 8472.78/-
and per month = 706/-

Is This Answer Correct ?    14 Yes 4 No

if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / guest

9452+253

Is This Answer Correct ?    0 Yes 0 No

if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct..

Answer / shantanu

monthly salary = 21855
annual salary = 21855*12 = 262260/-
as per India TDS rule on TDS will be deducted on annual salary
=>160000
so total annual salary 262260-160000 = 102260/-10% = 10226
10226
+2% Ed Surcharge 204
+1% Sec. Ed Surcharge 102
total tax 10532
tds 10532/12=878 per month

Is This Answer Correct ?    1 Yes 13 No

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