Tds calculation on ctc based salary
This query is : Resolved
19 August 2014
Dear Experts
Please suggest me,I'm working as a accountant and how i calculate TDS on salary if salary is CTC based. How calculate Basic salary, HRA and any other allowance from CTC salary.
Please suggest me,I'm working as a accountant and how i calculate TDS on salary if salary is CTC based. How calculate Basic salary, HRA and any other allowance from CTC salary.
CA UMESH DULAL
(Expert)
19 August 2014
there should be a salary break up
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CA UMESH DULAL
(Expert)
19 August 2014
there should be a salary break up
CA UMESH DULAL
(Expert)
19 August 2014
ask the salary break up from management,
if there is no salary break up, then break up the salary so as to minimize the tax of employee.
if there is no salary break up, then break up the salary so as to minimize the tax of employee.
Message likes :
1 times
19 August 2014
Thanks Mr. Dulal,
How i breakup of CTC salary, i mean any formula or ratio.
How i breakup of CTC salary, i mean any formula or ratio.
CA UMESH DULAL
(Expert)
19 August 2014
ask the salary break up from management,
if there is no salary break up, then break up the salary so as to minimize the tax of employee.
if there is no salary break up, then break up the salary so as to minimize the tax of employee.
CA UMESH DULAL
(Expert)
19 August 2014
so consult with the employees and make break up to reduce the tax liability of employees.
CA UMESH DULAL
(Expert)
19 August 2014
there are certain allowance which are exempted (like HRA, Transport ect), you may show the amount as allowance to reduce tax liability.
CA UMESH DULAL
(Expert)
19 August 2014
there are certain allowance which are exempted (like HRA, Transport ect), you may show the amount as allowance to reduce tax liability.
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