Interested to Buy Any Domain ? << Click Here >> for more details...
Mr.x gets Rs66000P.M .He told that you donot cut any
dedution from my salary.This is possiable please tell some
useful investment
- 2 Answers
- 4632 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Based on the salary break-up and the details of savings &
investments submitted by any employee, tax liability has to
be calculated in respect of each individual employee and
proportionately deducted every month from his/her salary.
Tax liability should be calculated as per the provisions of
the Income Tax Act and any tax payable should be deducted
with out fail. Employer should not entertain any request or
instruction from any employee not to deduct tax, unless it's
supported with documentary proof and after applying it,
there will be no tax liability. If the employer fails to
deduct the tax, then he needs to pay interest to the government.
Remember no employee can be exempted from TDS just because
of his request or instruction. It can be done only in
accordance with the Income Tax Laws.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / satpal
As per indian income tax rule income over to 160000.00
applicable tds compulsory.
make possible investment :-
National Saving Certificate
Free Hold land purchase
Insurance
Land purchase against farming.
| Is This Answer Correct ? | 2 Yes | 0 No |
What is the entry for Accumulated Depreciation??
what show in balance sheet after deduct last depreciation of assets
what do you understand by BRS? why is the reconciliation done?
What is BANK MSOD How to Prepare Bank MSOD.
2 Answers Infopower Technologies, QIS,
Explain what is bad debt expense?
How do you relate yourself with Accounts?
How many types of inventories are there for a company ?
PROVIDENT FUND TO BE CALCULATED ON BASIC AFTER DEDUCTION OF ABSENTS (LOP)
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
how to make budgeting ?
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
Can you name different branches of accounting?
Audit 
