TDS On Salary

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374 Points Posted on 29 July 2020
My gross salary is 100000 P.M and after deductions take home is 90000 in this case while deducting tds by employer which will he consider 100000 into 12 minus deductions or 90000 into 12 minus deductions.
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On 29 July 2020 at 20:59 Report
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This discussion clarifies how Tax Deducted at Source (TDS) is calculated on your salary. Employers typically estimate your annual income and then subtract eligible deductions, such as Provident Fund (PF), Employees' State Insurance (ESI), and those under sections 80C and 80D of the Income Tax Act, to determine your taxable income and the TDS amount. If deductions are uncertain, an estimated salary is used for calculation.

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3924 Points Posted on 29 July 2020
What type of deduction ?.
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On 29 July 2020 at 21:05
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374 Points Posted on 29 July 2020
Pf and esi
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On 29 July 2020 at 21:15
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3924 Points Posted on 29 July 2020
Normally TDS is deducted on estimated yearly salary .
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On 29 July 2020 at 21:50
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1102 Points Posted on 29 July 2020
For TDS deduction employer will consider your income then after any deduction like 80C , 80D etc calculate tax liability and deduct TDS
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On 29 July 2020 at 22:35
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3924 Points Posted on 30 July 2020
Some times deductions are not Sure or Confirm that time , we have to deduct TDS estimated salary .
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On 30 July 2020 at 07:07

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