Interested to Buy Any Domain ? << Click Here >> for more details...
how to calculate T.D.S on the basis of current I.Tax slab if
the monthly salary is 50,000 p.m.
- 8 Answers
- 21760 Views
- I also Faced
- E-Mail Answers
Answer Posted / manish.panchal
taxable income=50000*12=600000
TDS on salary
180000-nil
180001 to 500000-10%
500001 to 800000-20%
800001 above -30%
600000-180000=420000
420000*10% =42000
cess 3% = 1260
total=43260p.a
43260/12=3605p.m.
TDS will be deduct 3605p.m from salary.
Before Deducting TDS consider allowable deduction like
Insurance, House Rent Housing Loan, Car Loan etc. if taken
| Is This Answer Correct ? | 4 Yes | 4 No |
Post New Answer View All Answers
can we purchase software agaist Form under In the telecommunications network; or
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
cst rates
How to calculate excise duty on mobile products?
A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?
explain the special provisions for computing profit and gains of retail business
What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?
sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?
I have a plot at Visakhapatnam. I have entered into a contract with a builder which enables him to construct 10 flats on the plot and builder and myself will share 50:50 of the constructed area. i.e. builder will get 5 and i will get 5 flats. Builder is not paying me any other consideration apart from 5 flats. Kindly clarify as to whether any servive tax is applicable and payable by me ?- kgr varma
Can Guradians (other than parents) be dependents and can we get exemption on them at Taxation part like Medical, LTA and Sec 80DD? Pls Comment.?
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?
what is deemed sales? how to calculated
