Interested to Buy Any Domain ? << Click Here >> for more details...
i want to leanr the TDS on Salaries and TDS rates
- 3 Answers
- 8432 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guruprasad
Hi,
For Male,
Exemption limit of net income is Rs. 1,60,000/-
From Rs. 1,60,001/- to Rs. 3,00,000/- TDS will applicable @
10% + Cess @ 3%
From Rs. 3,00,001/- to Rs. 5,00,000/- TDS will applicable @
20% + Cess @ 3%
Above 5 lakhs the TDS will applicable @ 30% + Cess @ 3%
For Female,
Exemption limit of net income is Rs. 1,90,000/-
From Rs. 1,90,001/- to Rs. 3,00,000/- TDS will applicable @
10% + Cess @ 3%
From Rs. 3,00,001/- to Rs. 5,00,000/- TDS will applicable @
20% + Cess @ 3%
Above 5 lakhs the TDS will applicable @ 30% + Cess @ 3%
For Senior Citizens,
Exemption limit of net income is Rs. 2,40,000/-
From Rs. 2,40,001/- to Rs. 3,00,000/- TDS will applicable @
10% + Cess @ 3%
From Rs. 3,00,001/- to Rs. 5,00,000/- TDS will applicable @
20% + Cess @ 3%
Above 5 lakhs the TDS will applicable @ 30% + Cess @ 3%
| Is This Answer Correct ? | 13 Yes | 6 No |
GuruPrsad Ji How are you. Can you remember me. Mr
ganapthy asked about the TDs obligations on salries and
their current applicable rates but you narrated about the
new tax table on individuals
ganapathi ji you can learn and can do a good
practice on salaries First of all you send your mail id to
me I will send a sample book on interviews covering
important points on commerce
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / ritu
INDIVIDUAL AGE<65 ,MALE
UPTO 160000 NIL
160001-1000000 10%
1000000-2500000 20%
MORE THAN 2500000 30%
INDIVIDUAL AGE<65 ,FEMALE
UPTO 190000 Nil
90001-1000000 10%
1000000-2500000 20%
MORE THAN 2500000 30%
RESIDENT SENIOR CITIZEN
UPTO 240000 Nil
240001-1000000 10%
1000000-2500000 20%
MORE THAN 2500000 30%
Its Goes to 92B
| Is This Answer Correct ? | 2 Yes | 0 No |
in gujarat. whether Vat is applicable if H form issue ?
Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?
what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
HOW TO CALCULATE MY EPF INTEREST? IF I HAVE JOINED TO A COMPANY ON 1ST FEB'08'& RESIGNED ON 31ST DEC'09', THEN WHAT WOULD BE MY EPF INTEREST? MY BASIC IS RS.7500/-PER MONTH? STATE BRIEFLY
4 Answers Khalsa Tubes, Reliance,
what is the tretment if we paid service tax wrongly in different service tax head ex. commissioning , repairs & maintenance.our liability for commissioning but we paid some into repairs & maintance . what can i do in this situation
WHAT IS MEANT BY CST? DO THE SUPPLIER CLAIM CST 2% FROM THE PURCHASER? WHAT ARE ALL THE RULES TO BE FOLLOW WHILE THE BUYER PURCHASE A 'C'FORM FROM THE CTO?
Hellow this is ravindra wanted to know about excise duty rates pls suggest
WCT Exemption limit ?? Pl explain on which items WCT is applicable.
what is GST and how it work
What are the new threshold limits put in the parliment under New tax code recently for Men, Women and Senior Citizens
Igave a cheque of Rs 25000/- to a Professional. Do I deduct TDS on Rs 25000/, then after three months I further pay the same Professional Rs 40000/-.Have I to pay Tds on 25000 Or Rs 65000/- or only Rs 40000/-,Have I to pay interest on delayed payment for Rs 25000/-?
Audit 
