if salary is 50000 how much TDS and PF to be deducted, kindly
help me out.
Answers were Sorted based on User's Feedback
Answer / ravi
if salary is 50000 and if he is a professional10% if the
employee comes under tds limit and 2% if he is not a
professional if the employee falls under tds limit
pf- 12% employers contribution on basic
12% employee contribution on basic
Is This Answer Correct ? | 2 Yes | 5 No |
Answer / muhammed yousuf
Employer Contribution is 12% for Rs-6500/- till 31.08.2014 and TDS to be deduct 1% if PAN Card available , otherwise 20%.
Is This Answer Correct ? | 0 Yes | 3 No |
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