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if my salary is 21855 per month for finicial year april 2011-
march 2012 what tax will be deduct
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Answer Posted / pankaj kumar
monthly salary = 21855
annual salary = 21855*12 = 262260/-
as per India TDS rule on TDS will be deducted on annual salary
=>180000
so total annual salary 262260-180000 = 82260/-
TDS 82260*10.3% = 8472.78/-
and per month = 706/-
| Is This Answer Correct ? | 14 Yes | 4 No |
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