banner_ad

TDS Chargeable on Salary

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 September 2008 At what rate TDS will be charged on Salary and what should be the minimum Salary?
Profile Image

Jitender

Profile Image

Jitender (Expert)
07 September 2008 calcualte the tax amount on whole year's salary & deduct this amount from monthly payment of salary.
Profile Image

CA.Tarun Maheshwari

Profile Image

CA.Tarun Maheshwari (Expert)
08 September 2008 TDS on Salary is deducted on the Slab Rates basis. The rates are prescribed in the budget every year. The minimum taxable salary prescribed is the same as the minimum exemption limit provided to individual assessee. For AY 2009-2010, the minimum taxable salary is Rs. 150000 for individual other then female assessee and senior citizens.
Profile Image

CA Rajesh S

Profile Image

CA Rajesh S (Expert)
09 September 2008 calculate tax liablility for the year as per IT act and div the same by 12 mts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details