Tds on salary
This query is : Resolved
15 April 2014
Hey,
Good Morning,
Please tell me how to calculate TDS on Salary E.g. If Taxable Income is Rs. 638000 of 1 year. Please give me the exact amount which will be deduct on Salary.
I m Confused in this matter.
Thanks in Advance. :)
Good Morning,
Please tell me how to calculate TDS on Salary E.g. If Taxable Income is Rs. 638000 of 1 year. Please give me the exact amount which will be deduct on Salary.
I m Confused in this matter.
Thanks in Advance. :)
15 April 2014
If your taxable ?Income after deduction Of Chapter VIA and HRA etc. then
First 10%of 300000
20% of 138000
Plus cess (EC+SHEC)
First 10%of 300000
20% of 138000
Plus cess (EC+SHEC)
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16 April 2014
upto 200000 nil
then nex 300000 tax will 30000
on balance 138000/- tax will 27600
total tax 57600+3% cess 1728= 59328
will total tax
then nex 300000 tax will 30000
on balance 138000/- tax will 27600
total tax 57600+3% cess 1728= 59328
will total tax
Message likes :
1 times
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