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Salary Tds deduction

This query is : Resolved 

27 June 2009 Dear Sir/Madam,

I am confused about salary deduction of employee , How deduct their amount from there salary?

I want to know the calculaton of yearly 5,04,000/- salary as per income tax slab.


Please solved my prolem,

Thanks,

Poonam.

27 June 2009 Hie Poonam,

The amount of TDS that will be deducted on the basis of INTERIM BUDGET is : -

in case of individual (neither female nor senior citizen) is 4,683/- p.m

But Final Budget is about to come in the month of July and the effect of the same will have to be considered.


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