Answer Posted / tushar
The deductions from salary are as follow:
1) Professional Tax
0-5000 = NIL
5001-10000 = 175/-
10001 & Above = 200/-
2) TDS - As per Income Tax rule.
Male - 0-180000 = NIL
180000-300000=10%
300000-500000=20%
500000-& Above=30%
Female:0-160000 = NIL
180000-300000=10%
300000-500000=20%
500000-& Above=30%
C.S.: 0-240000 = NIL
180000-300000=10%
300000-500000=20%
500000-& Above=30%
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