Tds

Company can bifurcate it's salary structure in such a way so that there is more exempted part i,e.

HRA

Education allowance

Washing Allowance

Etc.

RAhul

what is this "washing allowance sir?"

Washing allowanance provided by employer to emplyee for washing purpose.

@ Rahul Verma

if i joined a company this month and become liable for tds deduction from the first month, now is it possible to put my request to account section not to deduct tds from my salary by showing lip, rent reciepts, ppf contribution etc from the first month

You have to provide all the saving details to Accounts department like LIC, Rent Receipts etc. for saving your's TDS but if your income is liable to TDS then TDS will be deducted irrespective of u submitted savig proofs or not.

Rahul