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EXPLAIN ABOUT TDS?

Answer Posted / tamil selvan

TDS on Salary for the current FY i.e. 2009-10


TDS - TAX deducted at source

for individual Tax payer
upto 160000 - nil
160001 - 300000 -10%
300001 - 500000 -20%
above 500000 - 30%

For woman
upto 190000 - nil
190001 - 300000 -10%
300001 - 500000 -20%
above 500000 - 30%

for senior citizen
upto 240000 - nil
240001 - 300000 -10%
300001 - 500000 -20%
above 500000 - 30%

Is This Answer Correct ?    19 Yes 9 No



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