Interested to Buy Any Domain ? << Click Here >> for more details...
if salary paid per month rs. 28000/- i will deduct tds from
his salary please what i will do explain
- 17 Answers
- 83908 Views
- 3C Three C, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
give the examples of Error of Duplication?and Error of compensatin? with entries
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
What are events occuring after the balancesheet date?
what is the difference between sap and sas?
bank exam paper
What is COVER payment?
Short Answer on __________Revenue
Expand----------MTSC
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
Expand--------TOS
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
how to do the finalise of account? what is the step? why we need to do like that?
