TDS SLAB for salary

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198 Points Posted on 03 July 2020
TDS DEDUCTION FOR SALARY RS. 25000/- PER MONTH
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On 03 July 2020 at 18:02 Report
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This discussion clarifies TDS (Tax Deducted at Source) on salary. If your annual income, including salary and other sources, is up to £500,000, your employer typically won't deduct TDS. This is because after considering potential deductions and rebates, your taxable income might fall below the threshold where tax is payable.

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"Do the Right Thing...!!!"
128157 Points Posted on 03 July 2020
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On 03 July 2020 at 18:09
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198 Points Posted on 03 July 2020
I have get the salary of 25000/- per month so, my employer deduct my TDS or not. If yes then what percent to deduct from it?
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On 03 July 2020 at 18:14
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Chartered Accountant
821 Points Posted on 03 July 2020
25000*12=300000 will be ur taxable income... Assuming there are no other deductions

There will be no tax liability after considering rebate u/s 87A

So no TDS
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On 03 July 2020 at 19:29
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198 Points Posted on 03 July 2020
Thank you sir
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On 03 July 2020 at 19:48
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3 Points Posted on 11 July 2020
So, on what income slab rate the employer will Deduct TDS ?
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On 11 July 2020 at 17:29
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Consultant
1891 Points Posted on 11 July 2020

TDS on salary is deducted on the basis of Income Tax slab rate applicable to individuals. 

If the salary and other income is upto Rs. 5,00,000 then no need to deduct any TDS

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On 11 July 2020 at 17:47

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