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if salary paid per month rs. 28000/- i will deduct tds from
his salary please what i will do explain

Answers were Sorted based on User's Feedback



if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explai..

Answer / raju

Hello dear friends all of you,i want to know about tds acts
and rules and proceederes.if you have information about
these things please send me mail to raju17585@gmail.com
please inform me how to deduct upto435000

Is This Answer Correct ?    2 Yes 0 No

if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explai..

Answer / satyasai

Monthly salary of X is 28000


As New Income Tax Slab 2013
1)0-200000----No Tax
2)200001--500000 ---10 %
3)500001--800000------20 %
4)Above 800001--------30 %

In this above Example

His Total Income Is 28000*12=336000

As per IT Slabs up 2 lakhs Tax Exempted
so 336000-200000=136000

136000 come under first slab
so that tax would be 136000*10 %=13600
13600/12=1133

Then His Monthly Net salary is 26867.00

Is This Answer Correct ?    2 Yes 0 No

if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explai..

Answer / sridhar

I have get salary 30000 how much amount i wiil
pay to tds please tell me and if have to the educationalcess
and s,h,e,s please send the information in my Email id

Is This Answer Correct ?    3 Yes 3 No

if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explai..

Answer / trupti

New Tds rate on

Up to 160000 Nil
160001 - 500000 10%
500001 - 800000 20%
800001 - Above 30%

28000*12 = 336000
Less PT = 2400 (200*12)
Net Salary = 333600

333600-160000 =173600

17360 (173600*10%)
521 (17360*3%)
17881 (tds)
1490 (montly ded)
Rs. 28000-1490 = 26510 (monthly salary)

Is This Answer Correct ?    1 Yes 1 No

if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explai..

Answer / rajan

Hello Sir, you have mentioned that If planned
correctly taking all the provisions into consideration a
salried individual need not pay a single paisa if his nett
income exceeds even 4,35,000/-,
Please suggest me to get ride of this tax burden. my net
salary is Rs.4,80,000. please send me the details. Thanks.
My e-mail ID : rajinisixar@gmail.com

Is This Answer Correct ?    1 Yes 1 No

if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explai..

Answer / rashi shrivastav

New Tds rate on 1st Oct.2009

1st Slab Upto Rs.160000 - No TDS (Nil)
2nd Slab From 160000 to 300000 - 10%(TDS rate)
3rd Slab From 300001 to 500000 - 20% (TDS rate)
4th Slab Above 500000 - 30% (TDS rate)

For Ex: Mr.X Earning Rs.28000 per month. TDS sholud be
deduct from his salary.

TDS Calculation:
RS.28000*12 = 336000
Upto Rs.160000 no TDS will be deducted.
So, 336000-160000 = 176000

its comes under 2st slab.

so, 176000*10% = 17600
(Which is for one year)

Total TAX (One Year) = 17600

TDS deduction per Month is, 17600/12 = Rs.1467

The Net Salary of Mr.X is,

28000-1467 = Rs.26533/-

Is This Answer Correct ?    1 Yes 2 No

if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explai..

Answer / rasji

New Tds rate on 1st Oct.2009
(Edu, cess not applicable )

Upto Rs.160000 - No TDS (Nil)

From 160000 to 300000 - 10%(TDS rate)

From 300001 to 500000 - 20% (TDS rate)

Above 500000 - 30% (TDS rate)

For Ex: Mr.X Earning Rs.28000 per month. TDS sholud be
deduct from his salary.

TDS Calculation:

RS.28000*12 = 336000

Upto Rs.160000 no TDS will be deducted.

So, 336000-160000 = 176000

its comes under 2st slab.

so, 176000*10% = 17600
(Which is for one year)

Total TAX (One Year) = 17600

TDS deduction per Month is, 17600/12 = Rs.1467

The Net Salary of Mr.X is,

28000-1467 = Rs.26533/-

Is This Answer Correct ?    1 Yes 3 No

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