How tds is calculated and how to save tds

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Ranjan (Querist)
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12 September 2012 Hi, Its Urgent Guys...

Can some one please let me know how TDS is calculated on Gross salary of 550000.

How to save calculated TDS on the same amount.

Please guide and let me know if you want more information on this.

Thanks,
Ranjan

Amol S Joglekar

Amol S Joglekar (Expert)
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12 September 2012 deduct tax on employment, if any. Also deduct, loss from house property if any. Take the deduction of 80C. 10% of the amount by which it esceeds 2lakh is your tax liability for the financial year 2012-13.

Ranjan

Ranjan (Querist)
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12 September 2012 HI Amol,

If if i provide my salary break up...can u please help me to know how TDS is calculated and how to save it.

Thanks

Amol S Joglekar

Amol S Joglekar (Expert)
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12 September 2012 of course I can do that. Please go ahead. amolshankar@gmail.com

Ranjan

Ranjan (Querist)
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12 September 2012
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