Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

How we calculate TDS on Salary, They are taken net salary
either Gross salary

Answer Posted / pal.lokendra@yahoo.com

tds on salary is deduction after computation of individual
like after all deduction we confirm slab rate if net income
is taxeble then it is divided by 12 amount is ededucted
every month from salary
ex
basic salary annual................100000
HRA.................................20000
conve................................800
total __________________________________________
120800
less slab: 100000
taxable ______________________________
20000
now divied by 12 20000/12
tds every
month .......................rs.1666

Is This Answer Correct ?    13 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what to in pro

2448


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

3401


what is procedure of calculation of TDS by bank?

2131


how we calculate the tds on salary.

2273


How to calculate excise duty on mobile products?

1896


sir mai ek bar cst online tax payment kar raha tha to sar maine tac par na click kar ke interst par click kar di ho mai kya karu please give a anwers

2209


If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.

1961


What is excise & service tax?

1138


A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.

2020


What are the basic and additional conditions for resident and ordinarily resident (ror)?

1563


Define financial year?

1162


Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)

2499


DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?

2335


what is tax avoiding?

2084


why use diff vat forms like vat51 vat3 why

1948