Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


suppose i joined a company 8th April 2012, and my ctc is
300000 pa. then which tax employer deduct tds or pf and haw
much tax deduct pm, where tax exemption limit is 2lac

Answers were Sorted based on User's Feedback



suppose i joined a company 8th April 2012, and my ctc is 300000 pa. then which tax employer deduct ..

Answer / maya

the exemption limit exceeds the limit of RS 2 lacs then we need to deduct tax on 100,000 minus annual employee contribution of PF and professional tax.
And also need to consider the HRA and sec 80 c deductions

Is This Answer Correct ?    3 Yes 0 No

suppose i joined a company 8th April 2012, and my ctc is 300000 pa. then which tax employer deduct ..

Answer / sushil

First deducute tds on 3 lac.at
the time of return filing you
claim refund

Is This Answer Correct ?    0 Yes 5 No

Post New Answer

More Accounting AllOther Interview Questions

Expand-------ANC

0 Answers  


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

0 Answers  


accounting principals

3 Answers  


what is accounting

6 Answers  


Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

0 Answers  


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

0 Answers  


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?

0 Answers   CBU,


Expand---------MNOP

0 Answers  


HOW WE ENTER PF AND ESI IN TALLY AND OTHER ACCOUNTING SOFTWARE

4 Answers  


Expand ------BSP

1 Answers  


What aspect of accounting do you dislike the most?

3 Answers  


Acquired shares of X company worth 100000, company declared 10% as dividends, but not paid to u. Now what entry u pass while purchasing those shares, what entry u pass when company declared dividents but not paid, and what entry u pass when u receive the dividend..?

1 Answers   Franklin Templeton,


Categories