WHICH ARE BASIC EXEMTIONS FOR TDS ON SALARY
Answers were Sorted based on User's Feedback
Answer / kishore naik
The basic exemption for TDS on salary is that your salary
should not exceed Rs. 13333/- per month or Rs. 160000/- per
year.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / syed iliyas
BASIC EXEMPTIONS ON TDS ON SALARY ARE INSURENCE PAID, PAID
FOR HOUSE LOAN, PPF, FEE PAID FOR CHILDREN EDUCATION, ETC
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / hema
The basic exemtions for tds on salary is
Exemtion Limit is 160000/-pa in 2010-11 &
180000/-pa in this year 2011-12.
Exemtion for Male 180000/-pa
Exemtion for Female 190000/-pa
Exemtion for SC (above 60) 250000/-pa
Exemtion for Veary SC (above 80) 500000/-pa
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / faiz
what is the diffrance between tax invoice & retail invoice
what is the rule of making invoicing please detail about
this.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bharath chowdary
The basic exemption on TDS on salary is Rs.200000/- for male and female.
For senior citizens it is Rs.250000/- and for super senior citizens it is Rs.500000/-.
| Is This Answer Correct ? | 0 Yes | 0 No |
Hi, Can somebody help me to know whether WCT MVAt is applicable on catering service, if the caterer is uses his own material and labour for doing cooking in our premises and later the product is sold in the same premises for the employees. Kinldy advice whether WCT will be deducted on this.
cash transaction in a year up to Rs.20,000/- that rule under sec.40-A. It may be any revised rule updated. Please inform me anybody, and also suppose giving cash/cheque it is possible.
What dou mean by work contract?with example?
If TDS on Rent is to be charged on Rent which includes Maintenance Charges which are clearly evident, then has TDS on REnt also to be charged on Maintenance Charges?
i am proprioter of firm can i use my tan firm & personal
please explaine excise ruturn forms like er-1,er-2,er-3 etc?
Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c
please tell me friends what are the formats of excise return and vat return?
procedure of service tax
what is out put sale tax and in put sale tax?
If any new form open than we are able to deduct TDS on first year
AOP meana association of persons which includes individuals BOI means association of individuals .so my question is how to recognize a client whether he is aop or boi when he is a associaton of INDIVIDUALS.I will be helpful to those answered my question