Tds on salary


This query is : Resolved 

(Querist)
28 March 2012 If a Employee fall in 10% slab. How much Tds should be deposited? 10% or 10.3%?
and Is very rebate (Like Nsc, LIc should be
considered? and what is the Last date to deposit if deducted on 31st March,2012?

28 March 2012 TDS should be deducted @10.3%... Sure you should consider the eligible investment for deduction under section 80C / 80D or so...

The due date for payment is 30th April 2012 if you deducted on 31st March 2012


14 April 2012 Experts have given proper reply to your query and I agree with them


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