Hello all , I have a doubt regarding TDS.My salary ranges
between 22k to 26 k per month and i have a TDS component cut
every month.My doubt is that what is the % of tax ? what are
the ways i can get back my TDS and what are the methods that
can help reducing tax .And my another doubt is that whether
the tax is calculated only on the basic pay or on the whole
salary I get ? because my salary has HRA in its component
,will that also be counted in tax calculation or excluded ?
Answer / psrecd
the tds rate will be @10% of your net salary you will receive.
tds is deducted only when your salary exceeds 180000
Is This Answer Correct ? | 2 Yes | 0 No |
If some body asks me m y TIN number what does that mean?? Is it my Taxpayers Identification number or it is my Tax invoice number? What does both of these stands for???
What is the present rate of T.D.S and what is the tax for person salary at present
8 Answers Accenture, Accounting, B Jain Publishers, College School Exams Tests, Monika Telecom Pipes, Net Edge, Wipro,
how to make entry vat computation/vat payable refundable in tally 9?
Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
I have made our pan card in delhi.so, i want to confirm that it is mandatory that I shall fill our income tax return in delhi
In one year how many times tds, service tax, and Mvat is paid?
WHAT IS VAT ON SALE OF GOLD IN RAJASTHAN
The contractor final bill is 52lac we have calculate 2% tds 104000 so we have which amount paid to contractor
What is difference between an Insurance and a general Insurance????
difference between assessment year and financial year
If we purchase material against Form-C from Mumbai and two address mentioned in the invoice i.e.invoiced address - Delhi and Shipped address-Banglore(material delivered address).So,from-C should be issued from which state.
What we mean by MAT Credit Entitlement ???