Tds on salary %
This query is : Resolved
Dintakurthi Tirumala
(Expert)
12 April 2014
There is no specific rate for TDS on Salary. TDS shall be deduct on salary as the rate of tax prescribed for individual assesses including surcharge(if any) and education cess.
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Rupesh Jain
(Expert)
21 April 2014
tds on salary
rate are applicable as slab wise if income more than 2 lacs then you have to
collect PAN of employee
and apply tax slab and divide the total tax by 12 then come tds to be deduct per month of employee
rate are applicable as slab wise if income more than 2 lacs then you have to
collect PAN of employee
and apply tax slab and divide the total tax by 12 then come tds to be deduct per month of employee
Dhirajlal Rambhia
(Expert)
02 October 2021
For salary, TDS rate is as per slab... while deduction under Ch. VI allowed.
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