T.D.S. FROM SALARY

Priti,

The approximate tax liability figures for A.Y. 2010-11 would be as follows:

For individual male: Total Rs. 31415 (5236 per month)

For individual female: Total Rs. 28325 (4721 per month)

For senior citizen: Total tax Rs. 23175 (3863 per month)

Assumptions: Mediclaim is not for senior citizen. Insurance premium does not exceed 20% of sum assured.

No complete info

k deem lic is allowed..(33000).LIC n housing pricipal(83000) n PPF(50000)=  1,00,000 deduction under 80C.

prfosessional tax allowed under sec;17 fully if  it is paid

interest on housing loan allowed fully if house is let out.else only , 1,50,000 is allowed if it is taken for construction purposes.

mediclaim is allowed Dupto ,15,000 and 17,000 is allowed if paid for a senior citizen(parents)-under

so urself check which applies to u and reduce those from ur , 6,50,000 and calculate tax according to slabs.

divide dat by 12.

dat is tax to be deducted every month