As per sec 192 Tds on salary income
As the provision says to pay tds on income as per basic slab rates of incomes chargeable to tax.
Thus, tds will be calculated on monthly as when income received.
So my question is, Are the same provisions also are Applicable for those who receive income on daily basis ( Daily wage employees)
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Income tax
Replies (1)
It is applicable if the wage is received in bank and it exceeds the basic exemption limit only.
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