New Tax Rates

This query is : Resolved 

20 August 2009 Dear Sirs,
Pls assist Should we apply the new rates of Income tax on salaries for FY 2009-10 while processing tds on salaries, as employees are asking so they will make investment accordingly.
Rgds
Manoj

20 August 2009 The new rates are aplicable from 1st Oct so you can calculate accordingly

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20 August 2009 Dear Manoj,

Mr. Prakash is absolutely correct and for more info, read article from below depicted link ;

https://www.caclubindia.com/mobile/articles/display_article_list_mobile.asp?article_id=2603


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