Please mention the procedure of Deducted TDS on Salary?
If My Salary is Rs.250000/- PA. than how to deduct TDS on it?
- 11 Answers
- 24575 Views
- ABC, I also Faced
- E-Mail Answers
Answer Posted / kumar de
TDS is a tax deducted at source,so salary TDS is nothing
but tax payable to Govt on specified slabs fixed by Govt on
individual salary. If a persons salary exceeds more than
150000 Rs per annum(for Men) then he is liable to pay
salary TDS & if salary exceeds more than 180000 Rs per annum
(for Women)then she is liable to pay tax.
The Salary TDS Slabs are:
For Men
Upto 150000-Nil
150001 to 300000-10%
300001 to 500000-20%
Above 500000-30%
For Women
Upto 180000-Nil
150001 to 300000-10%
300001 to 500000-20%
Avove 500000-30%
| Is This Answer Correct ? | 8 Yes | 9 No |
Post New Answer View All Answers
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
define accounting,scope of account , types of account ?
deffered tax treatment in financial statements
why do you think you are sutable candidate for this post
Expand-------IETF
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
What are Corporate Action?
Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?
What is a Balance Sheet & Profit & Loss Account?
what happens to each of the three primary financial statements when capital expenditures decrease?
Expand-------MTRS
How can i do the entry of of service tax in tally.
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
