i am peeyush tiwari working in ignou as accounts assistant
my salary is 8000/-pm i want to know that how much tds i
have to pay and how and my job nature is contractual basis
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Answer Posted / vijay jaswal
Hi Peeyush,
This is VJ from Delhi , well peeyush u r on contract basis
& ur salary is Rs.8,000/- it means it exceeds Rs.50,000/-
which is the limit for Contractors. so the co. will deduct
2.06% from ur salary as a part of TDS i.e; Rs.165/- per
month but it is refundable ......don't worry by filling
return u can get this amt as refund coz ur salary does not
exceeds Rs.1,50,000/- P.a .
| Is This Answer Correct ? | 7 Yes | 3 No |
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