if salary paid per month rs. 28000/- i will deduct tds from
his salary please what i will do explain
Answers were Sorted based on User's Feedback
Answer / raju
Hello dear friends all of you,i want to know about tds acts
and rules and proceederes.if you have information about
these things please send me mail to raju17585@gmail.com
please inform me how to deduct upto435000
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / satyasai
Monthly salary of X is 28000
As New Income Tax Slab 2013
1)0-200000----No Tax
2)200001--500000 ---10 %
3)500001--800000------20 %
4)Above 800001--------30 %
In this above Example
His Total Income Is 28000*12=336000
As per IT Slabs up 2 lakhs Tax Exempted
so 336000-200000=136000
136000 come under first slab
so that tax would be 136000*10 %=13600
13600/12=1133
Then His Monthly Net salary is 26867.00
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sridhar
I have get salary 30000 how much amount i wiil
pay to tds please tell me and if have to the educationalcess
and s,h,e,s please send the information in my Email id
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / trupti
New Tds rate on
Up to 160000 Nil
160001 - 500000 10%
500001 - 800000 20%
800001 - Above 30%
28000*12 = 336000
Less PT = 2400 (200*12)
Net Salary = 333600
333600-160000 =173600
17360 (173600*10%)
521 (17360*3%)
17881 (tds)
1490 (montly ded)
Rs. 28000-1490 = 26510 (monthly salary)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / rajan
Hello Sir, you have mentioned that If planned
correctly taking all the provisions into consideration a
salried individual need not pay a single paisa if his nett
income exceeds even 4,35,000/-,
Please suggest me to get ride of this tax burden. my net
salary is Rs.4,80,000. please send me the details. Thanks.
My e-mail ID : rajinisixar@gmail.com
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / rashi shrivastav
New Tds rate on 1st Oct.2009
1st Slab Upto Rs.160000 - No TDS (Nil)
2nd Slab From 160000 to 300000 - 10%(TDS rate)
3rd Slab From 300001 to 500000 - 20% (TDS rate)
4th Slab Above 500000 - 30% (TDS rate)
For Ex: Mr.X Earning Rs.28000 per month. TDS sholud be
deduct from his salary.
TDS Calculation:
RS.28000*12 = 336000
Upto Rs.160000 no TDS will be deducted.
So, 336000-160000 = 176000
its comes under 2st slab.
so, 176000*10% = 17600
(Which is for one year)
Total TAX (One Year) = 17600
TDS deduction per Month is, 17600/12 = Rs.1467
The Net Salary of Mr.X is,
28000-1467 = Rs.26533/-
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / rasji
New Tds rate on 1st Oct.2009
(Edu, cess not applicable )
Upto Rs.160000 - No TDS (Nil)
From 160000 to 300000 - 10%(TDS rate)
From 300001 to 500000 - 20% (TDS rate)
Above 500000 - 30% (TDS rate)
For Ex: Mr.X Earning Rs.28000 per month. TDS sholud be
deduct from his salary.
TDS Calculation:
RS.28000*12 = 336000
Upto Rs.160000 no TDS will be deducted.
So, 336000-160000 = 176000
its comes under 2st slab.
so, 176000*10% = 17600
(Which is for one year)
Total TAX (One Year) = 17600
TDS deduction per Month is, 17600/12 = Rs.1467
The Net Salary of Mr.X is,
28000-1467 = Rs.26533/-
| Is This Answer Correct ? | 1 Yes | 3 No |
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
Calculate Maximum allowable remuneration to working partners as for section 40b of the Income Tax Act 1. In case of professional firm'' 2. Incase of Business Firm
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.
How can we post Salary, PF etc., can anybody tell me the entry
Who to create a budget on software company
when does accounts receivable have a credit balance?
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
What is EBITDA
Expand-----CIMA
What is an auction?
deferred revenue expenditure
what is P/E?