Tds on salary

Taxable Income - 6,38,000 (Assumption: Don't considering deductions)

Then tax on it - 59,328

%  of TDS Deducted - 59328/ 638000= 9.29 % ( approx )

So, deduct 9.29 % on every month of salary

For Example : Mr. A  earns 50,000 PM and totally 6,00,000 P.a.,

*  there after allowing deductions it is 5,00,000.

*  Then tax on 5,00,000 is 28,840.

*  % = 28,840 / 6,00,000= 4.8 %

*  Deduct 4.8 % on 50,000 =2,400 

Agree with Ms. Devaki.. 

You may also refer: /articles/what-is-salary-how-to-calculate-tds-on-salary-16151.asp

Thanks!

Dear rittu

As per above given information by you

Total salary income                638000

Assumed deduction U/s        100000

(80C / 80G /)

Net Taxable Income               538000

(A)Tax on 538000                    37600

(B)Edu Cess @ 3%                  1128

(C)Total (A+B)                         38728

TDS Per Month (C/12)             3228    

TDS amount 3228 should be deduct from salary per as a tds and net amount Paid , in your Query i have taken my assumtion deduction of assessee under Sec 80C, 80G , 80GG or other is 100000,

you may also calculate without deduction