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Tds on salary
Dear Expert ,
one of employees his salary is Rs 45,0000/- PM , how much TDS i will deduct Every month and what is limit . Please suggest me .
Replies (1)
With this much information, tax to be deducted at source u/s 192 cannot be computed. Break-up of salary, age of the employee, saving/investment declaration by employee etc are necessary to arrive at the tax amount. You may try downloading IT calculator (excel) and enter the relevant data to arrive at the tax liability
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