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what r the deductions from salary ?
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The following are the deductions from the Salary:
Last Year Standard deduction is their (At present there is
no standard deduction - removed Asst.Year 2007-08)
Entertainment Allowance as deduction u/s.16(ii)
Profession Tax allowed as a deduction u/s.16(iii)
| Is This Answer Correct ? | 77 Yes | 24 No |
Answer / manoj sharma
authorised deduction from salary is Provident fund @ 12%
from employee and Incom Tax if aplicable.
| Is This Answer Correct ? | 51 Yes | 10 No |
Answer / sidharth shahi
The deduction are:
1). E.P.F
2). E.P.S
3). P.F
4). E.S.I
5). Rent/Loan
6). Income Tax
| Is This Answer Correct ? | 64 Yes | 25 No |
Answer / t.t.abhishek9
E.S.I
E.P.F
PROFESSIONAL TAX
L.I.C
HOUSE RENT ALLOWANCE
CONVEYANCE MAXMIUM AMOUNT 800/-
MEDIICAL ALLOWANCE UPTO 15000/-
| Is This Answer Correct ? | 52 Yes | 16 No |
Answer / venkatesh
1)Any advance Salary
2)T D S
3)if comes under any other deduction i.e 80c To 80u
| Is This Answer Correct ? | 35 Yes | 13 No |
Answer / manoj sarswat
The deduction from salary is Provident Fund @ 12%, Medical
Insurance Coverage Premium, Professional Tax, Group
Insurance Charges/ Income tax as per aplicability.
| Is This Answer Correct ? | 27 Yes | 6 No |
Knowledge of filing of various returns under companies act
PLEASE ANY BODY TELL WHT IS PRESENT RATES OF TDS AND HOW MANY TAXES ARE THERE PLEASE SEND ME THE ANSWER TO MY EMAIL ADRESS I WAITING FOR UR ANSERS
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witch one is the best book of Tax preparation tell me as soon as waiting for ur reply .
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