What is the TDS rate for Salary???????

Answer Posted / prasanna

TDS rates on salary for FY 2010-11 is as under
Male
Upto Rs.1,60,000/- Nil
Between Rs.1,60,001/- to Rs.5,00,000/- 10 %
Between Rs.5,00,001/- to Rs.8,00,000/- 20 %
Above Rs.8,00,001/- 30 %

Female
Upto Rs.1,90,000/- Nil
Between Rs.1,90,001/- to Rs.5,00,000/- 10 %
Between Rs.5,00,001/- to Rs.8,00,000/- 20 %
Above Rs.8,00,001/- 30 %

* No Surcharges but Edn.cess of 2% + H.Edn cess 1% is to be added.

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