How we calculate TDS on Salary, They are taken net salary
either Gross salary
- 3 Answers
- 9804 Views
- I also Faced
- E-Mail Answers
Answer Posted / ganesh a. kulkarni
tds on salary is deduction after computation of individual
like after all deduction we confirm slab rate if net income
is taxeble then it is divided by 12 amount is ededucted
every month from salary
ex
basic salary annual................100000
HRA.................................20000
conve................................800
total __________________________________________
120800
less slab: 100000
taxable ______________________________
20000
As per 10% on Taxable 2000
now divied by 12 2000/12
tds every
month .......................rs.166.66
| Is This Answer Correct ? | 7 Yes | 8 No |
Post New Answer View All Answers
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
what is capital account? how to manage it? what is the process?
what are accounting principles
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
How to calculate excise duty on mobile products?
Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?
why use diff vat forms like vat51 vat3 why
i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL
What is VAT TDS? when it is applied & at what rate?
can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.
Define deferred tax liability?
what is the Difference between Compound Sales and Deemed Sales?
From Karnataka,while sending material out, which are all the states required Form 38?
