Find tds to salary reg

This query is : Resolved

Mahendravarman (Querist)
Follow

22 May 2017 hi to all how find TDs to salary person ? what percentage applicable to them ? if anybody can known tell answers for useful me.

Nischit Sanghavi

Nischit Sanghavi (Expert)
Follow

22 May 2017 there is no rate for tds on salary. it is on gross receipts less investment made. slab rate for tax will be applicable.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
Follow

22 May 2017 For salary tds is deducted based on net taxable income after considering deduction u/s 10 HRA, CA, MA etc, deduct PT Arrive Taxable income from salary deduct chapter VI A saving like Tuition Fees, Employee PF, Housing Loan principal, Mediclaim policy deduction etc, if Net salary income False within Five lakh TDS to be deducted @ 10% after considering exemption Rs.250000/- Additional rebate u/s 87A Rs.5000/- for Ay 2017-18, if Taxable income exceed above five lakh 87A Rebate not applicable TDS to be calculated upto 5lakh 10% exclude Minimum exemption Rs.250000/- Tax should be calculated on balance Rs.250000/-, Above 5 lakhs @20% and above 10 Lakh tax to be calculated @30%

TAX to be arrived considering declarations of saving, same can be spread taxable period. During Dec obtain all documents support to saving as per declaration.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

rana andcompany

MAYUR

Tanuj Kumar Sharma

Aravind S

UPENDRAN YADAV

Subscribe Now

Find tds to salary reg

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA