New Tax Rates

This query is : Resolved

Manoj Kumar (Querist)
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20 August 2009 Dear Sirs,
Pls assist Should we apply the new rates of Income tax on salaries for FY 2009-10 while processing tds on salaries, as employees are asking so they will make investment accordingly.
Rgds
Manoj

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
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20 August 2009 The new rates are aplicable from 1st Oct so you can calculate accordingly

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Guest (Expert)

20 August 2009 Dear Manoj,

Mr. Prakash is absolutely correct and for more info, read article from below depicted link ;

https://www.caclubindia.com/mobile/articles/display_article_list_mobile.asp?article_id=2603

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