Interested to Buy Any Domain ? << Click Here >> for more details...
how to calculate T.D.S on the basis of current I.Tax slab if
the monthly salary is 50,000 p.m.
- 8 Answers
- 21531 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / arjun chauhan
taxable income 50000*12=6,00,000
tds on salary
o to 180000 = NIL
180000 to 500000 = 10%
500000 to 800000 = 20%
800000 above = 30%
so our total yearly income 600000
tax 180000 = nil
600000-180000=420000
so because second slope of income tax is 500000 then
320000*10%=32000
100000*20%=20000
so total taxable income = 52000
| Is This Answer Correct ? | 23 Yes | 13 No |
Answer / ashwani kumar rana
Total income 800000 how to tax taid.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / paul
if a person draws salary Rs. 1200000 per month nett take home what is the TDS paid per month and per annum,.
also can i have the salary sheet breakup costs how its calculated,.
thanks
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mahesh
The 50000 is the Net income and as we know the net income
includes all the allowances and other benefits (Deduction)
therefore the TDS as per the income tax is not calculated
accurately without geeting the basic income of the same
person or on the bases of basic salary of the person
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / manish.panchal
taxable income=50000*12=600000
TDS on salary
180000-nil
180001 to 500000-10%
500001 to 800000-20%
800001 above -30%
600000-180000=420000
420000*10% =42000
cess 3% = 1260
total=43260p.a
43260/12=3605p.m.
TDS will be deduct 3605p.m from salary.
Before Deducting TDS consider allowable deduction like
Insurance, House Rent Housing Loan, Car Loan etc. if taken
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / ashwani kumar rana
mujhe taxable salary k bahre m jan na ha please help me < TDS. ESI. HRA TA. DA.>
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / virendra negi
for FY 2012-13 taxation on salary Rs.50000/-Pm.
Rs.600000/-
Rs.200000/- No Tax
Rs.200000 to Rs.500000(10%)=300000*10/100=Rs.30000/-
Rs.500000 to Rs.1000000(20%)=100000*20/100=Rs.20000/-
Total Tax = 30000+20000=50000/-
Add:Cess @3% on Tax=1500/-
Total Tax for the year 12-13 is Rs. 50000+1500=51500/-P.a.
and Rs.4292/-P.m.
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / madhulika2011
taxable income=50000*12=600000
TDS on salary
180000-nil
180001 to 500000-10%
500001 to 800000-20%
800001 above -30%
600000-180000=420000
420000*10% =42000
cess 3% = 1260
total=43260p.a
43260/12=3605p.m.
TDS will be deduct 3605p.m from salary.
| Is This Answer Correct ? | 6 Yes | 21 No |
I am trader & my office in Delhi & I have any Material purchase from Puna & I want directly dispatch material from Puna to Ludhina which my customer. So what can I do this transaction ? & what will the tax pay.
Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
IF WE PURCHASE MATERIAL FROM OUTSIDE STATE FOR RS 100000 (INCLUDING CST) AGAINST C FORM. AND AFTER ONE MONTH WE ISSUED DEBIT NOTE FOR RS. 30,000 /- TO A SELLER. NOW WHAT AMOUNT WE FILL IN THE C FORM AT THE TIME OF ISSUE, 1,00,000 /- OR 70,000 /-
Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.
What is the Penalty/Interest charges if non-payment before due date for IT,TDS,ADVANCE TAX,VAT,ST,EXCISE DUTY,PT,ST.PF,ESI?very urgent.
what is FBT?
tds will be charged by hotel industry on what
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
Dear sir i am a contractor and making a invoice for Rs. 1500000= in which 1200000 for material and 300000 for labour charges how should i make a invoice with material and what will for format of invoice, if i make separate invoice for material and separate for labour charges what service tax and sales tax chaeges will be. and what TDS will party deduct on my bill. pls answer as soon as possible.
what is fillup form when company issue c form
amounts for which esi,pf n tds get applicable ???
Audit 
