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...

if salary paid per month rs. 46500/- i will deduct tds from
his salary please what i will do explain

Answer Posted / mohd waqas

FIRSTLY YOU WILL DO WORKING SHEET AS FOLLOWING
MONTHLY SALARY - 46500
YEARLY SALARY -46500*12= 558000
LESS HIS ALL DEDUCTIONS SPPOSE -100000
total income is 458000
Slab Rate SLABS RATE for f. y. 2010-11
Tax Liability if he is male or HUF
UPTO 160000 NIL
160001-500000 10% 298000 29800
500001-800000 20%
MORE THAN 80000030% 0 0
BASIC TAX 29800
ADD:E.CESS(2%) AND SHC(1%) 894
TOTAL TAX DUE(R.OFF IN RS) 30694

So 30694 divide for 12 and you will deduct Tax in his
Salary appeox-2600
We Hope you satisfied the answer.

Is This Answer Correct ?    13 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define balancing in accounting?

934


Who owns the general ledger?

1035


what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??

1661


What does the investment of personal assets by the owner will do?

1079


Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?

1904


What is meant by partitioning?

1214


Explain an example of a tough decision you had to make quickly?

1009


pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.

2969


What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.

2268


what is the due date of 28th feb

2426


cheque deposit is a contra entry?

2136


Do you use social media to identify prospects?

1138


examole of cash to cash contra entry

2239


Explain what does financial statement of the company includes?

1052


What are the activities that are included in the cash flow statement?

992