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TDS

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2010 Dear all,

How do we calculate TDS on salary? which is the minimum salary for calculation for TDS calculation. please reply

Thanks in advance

Regards
Sachin R H
9538482007
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Ajay Mishra

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Ajay Mishra (Expert)
09 December 2010 Hi

TDS rates for Financial Year 2010-11
Form 24Q:
Male Female Senior Citizen Tax (%)
For Income Between 0 to 1,60,000 For Income Between 0 to 1,90,000 For Income Between 0 to 2,40,000 0
For Income Between 1,60,001 to 5,00,000 For Income Between 1,90,001 to 5,00,000 For Income Between 2,40,001 to 5,00,000 10
For Income Between 5,00,001 to 8,00,000 For Income Between 5,00,001 to 8,00,000 For Income Between 5,00,001 to 8,00,000 20
For Income above 8,00,001 For Income above 8,00,001 For Income above 8,00,001 30

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